Chapter 6 Variable Costing and Analysis Ramort Company reports the following cost data for its single product. The company regularly sells 20,000 units of its product at a price of $60 per unit. Compute gross margin under absorption costing. $10 per unit Direct materials $12 per unit Direct labor.. Overhead costs for the year Variable overhead $3 per unit Fixed overhead per year $40,000 ও Selling and administrative costs for the year Variable... ... $2 per unit Fixed. $65,200 Normal production level (in units)... 20,000 units Refer to the information about Ramort Company in QS 6-5. If Ramort doubles its production to 40,000 units while sales remain at the current 20,000-unit level, by how much would the company's groSs mag increase or decrease under absorption costing? wwwww Rofou

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Why do we need to use several rates in order to accommodate the different costs and revenues?

What is the difference between a direct cost and an opportunity cost?  Can you show the difference between these costs by sharing  one (1) out-of-pocket cost and one (1) opportunity cost for something you did today?

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