Business, 12.04.2021 23:50 deanazilyiah

Ramort Company reports the following cost data for its single product. The company regularly sells 21,500 units of its product at a price of $63.00 per unit. Direct materials $ 10.30 per unit Direct labor $ 12.30 per unit Overhead costs for the year Variable overhead $ 3.30 per unit Fixed overhead per year $ 52,900.00 Selling and administrative costs for the year Variable $ 2.30 per unit Fixed $ 65,500 Normal production level (in units) 21,500 units Compute gross margin under absorption costing. (Round unit cost amounts to 2 decimal places.)

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Ramort Company reports the following cost data for its single product. The company regularly sells 2...