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Compute contribution margin for the company

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Reference no: EM133067088

Question - Ramort Company reports the following for its single product. Ramort produced and sold 23,200 units this year.

Direct materials $26 per unit

Direct labor $28 per unit

Variable overhead $19 per unit

Fixed overhead $46,400 per year

Variable selling and administrative expenses $3 per unit

Fixed selling and administrative expenses $68,400 per year

Sales price $108 per unit

Required - Compute contribution margin for the company under variable costing.

Reference no: EM133067088

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