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Barclay Corporation produced 250,000 watches that it sold for $32 each during year 2. The company determined that fixed manufacturing cost per unit was
Barclay Corporation produced 250,000 watches that it sold for $32 each during year 2. The company determined that fixed manufacturing cost per unit was $16 per watch. The company reported a $2,400,000 gross margin on its year 2 financial statements. Required Determine the variable cost per unit, the total variable product cost, and the total contribution margin. (Round "Variable cost per unit" answer to 2 decimal places.) Variable cost per unit Total variable product cost Total contribution margin
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