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 23,800 units this year. Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Sales price 29 per unit $ 31 per unit $22 per unit $47,600 per year $3 per unit $ 69,000 per year $ 117 per unit QS 19-12 (Algo) Variable costing and overproduction LO C1 Ramort doubles its production from 23,800 to 47,600 units while sales remain at the current 23,800 unit level. (a) Compute contribution margin when production is 47,600 units under variable costing. (b) What is the change in contribution margin by increasing production from 23,800 units to 47,600 units under variable costing? Complete this question by entering your answers in the tabs below. Required A Required B Complete this question by entering your answers In the tabs below. Required A Required B Compute contribution margin when production is 47,600 units under variable costing. RAMORT COMPANY Contribution Margin (Variable Costing) Variable expenses Contribution margin Required A Required B > Ramort doubles its production from 23,800 to 47,600 units while sales remain at the current 23,800 unit level. (a) Compute contribution margin when production is 47,600 units under variable costing. (b) What is the change in contribution margin by increasing production from 23,800 units to 47,600 units under variable costing? Complete this question by entering your answers in the tabs below. Required A Required B What is the change in contribution margin by increasing production from 23,800 units to 47,600 units under variable costing? There is in contribution margin. < Required A