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Ramont Company reports the following cost data for its single product. The company regularly sells 23,000 units of its product at a price of $66.00 per unit $10.60 per unit $ 12.60 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead per year Selling and administrative costs for the year Variable Fixed Normal production level (in units) $ 3.60 per unit $ 67,600 $ 2.60 per unit $ 65,800 23,000 units Compute contribution margin under variable costing. RAMORT COMPANY Contribution margin Ramort Company reports the following cost data for its single product. The company regularly sells 24,800 units of its product at a price of $96 per unit. If Ramort doubles its production to 49,600 units while sales remain at the current 24,800 unit level, by how much would the company's contribution margin increase or decrease under variable costing? $ $ 18 per unit 24 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead per year Selling and administrative costs for the year Variable Fixed Normal production level (in units) $ 15 per unit $49,600 $ 26 per unit $67,600 24,800 units Would the income be different if using variable costing instead of absorption costing? RAMORT COMPANY Variable Costing Income Statement (Partial) Production volume (units) 24,500 Sales volume units) 24.300 49,600 24,000 Under variable costing, can a company increase its not Income by increasing production

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