2 ints Exercise 3-4A (Algo) Determining variable cost from incomplete cost data LO 3-1 Perez Corporation produced 204,000 watches that it sold for $16 each during year 2. The company determined that fixed manufacturing cost per unit was $8 per watch. The company reported a $408,000 gross margin on its year 2 financial statements. Required Determine the variable cost per unit, the total variable cost, and the total contribution margin. eBook Hint Variable cost per unit $ 15 Print Total variable cost $ 3,060,000 Total contribution margin $ 2,040,000