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27. Estrada Corporation produced 213,000 watches that it sold for $20 each during 2015. The company determined that fixed manufacturing cost per unit was $7
27. Estrada Corporation produced 213,000 watches that it sold for $20 each during 2015. The company determined that fixed manufacturing cost per unit was $7 per watch. The company reported a $1,491,000 gross margin on its 2015 financial statements. |
Required |
Determine the variable cost per unit, the total variable cost, and the total contribution margin. |
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