Question: Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] Ramort Company reports the

 Required information Use the following information for the Quick Study below.
(Algo) [The following information applies to the questions displayed below.] Ramort Company

Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] Ramort Company reports the following for its single product. Ramort produced and sold 20,800 units this year. QS 19-10 (Algo) Absorption costing and overproduction LO C1 Ramort doubles its production from 20,800 to 41,600 units while sales remain at the current 20,800 unit level. (a) Compute gross profit when production is 41,600 units under absorption costing. (b) What is the change in gross profit by increasing production from 20,800 units to 41,600 units under absorption costing? Complete this question by entering your answers in the tabs below. Compute gross profit when production is 41,600 units under absorption costing. Compute gross profit when production is 41,600 units under absorption costing

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