QS 19-7 Variable costing and contribution margin LO P2 Ramort Company reports the following cost data for its single product. The company regularly sells 15,000 units of its product at a price of $50.00 per unit. Direct materials Direct labor Overhead costs for the year $ 9.00 per unit $11.00 per unit Variable overhead Fixed overhead per year $ 2.00 per unit $10,000 Selling and adminstrative costs for the year Variable Fixed $1.00 per unit $ 64,200 Normal production level (in units) 15,000 units Compute contribution margin under variable costing Answer is not complete RAMORT COMPANY Contribution margin Sales Less: Variable expenses Variable manufacuring expense Contribution margin