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 23,200 units this year. Direct materials $26 per unit $ 20 per unit Direct labor Variable overhead $ 19 per unit Fixed overhead $ 46,400 per year $3 per unit Variable selling and administrative expenses Fixed selling and administrative expenses Sales price $68,400 per year $ 108 per unit QS 19-10 (Algo) Absorption costing and overproduction LO C1 Ramort doubles its production from 23,200 to 46,400 units while sales remain at the current 23,200 unit level. (a) Compute gross profit when production is 46,400 units under absorption costing. (b) What is the change in gross profit by increasing production from 23,200 units to 46,400 units under absorption costing? Check my w QS 19-10 (Algo) Absorption costing and overproduction LO C1 3 Ramort doubles its production from 23,200 to 46,400 units while sales remain at the current 23,200 unit level. (a) Compute gross profit when production is 46,400 units under absorption costing. (b) What is the change in gross profit by increasing production from 23,200 units to 46,400 units under absorption costing? Complete this question by entering your answers in the tabs below. Required A Required B Compute gross profit when production is 46,400 units under absorption costing. RAMORT COMPANY Gross Profit (Absorption Costing) Required B > ces Required A 46,400 units while sales remain at the current 23,200 unit level. (a) Compute gross profit when production is 46,400 units under absorption costing. 1 (b) What is the change in gross profit by increasing production from 23,200 units to 46,400 units under absorption costing? Book Print Complete this question by entering your answers in the tabs below. Required A Required B What is the change in gross profit by increasing production from 23,200 units to 46,400 units under absorption costing? Gross profit by rences