Use the following information for the Quick Study below.

Ramort Company reports the following for its single product. Ramort produced and sold 23,800 units this year. Direct materials $ 29 per unit Direct labor $ 31 per unit Variable overhead $ 22 per unit Fixed overhead $ 47,600 per year Variable selling and administrative expenses $ 3 per unit Fixed selling and administrative expenses $ 69,000 per year Sales

Compute contribution margin for the company under variable costing