Estrada Corporation produced $205,000$ watches that it sold for $$16$ each. The company determined that fixed manufacturing cost per unit was $$8$ per watch. The company reported a $$410,000$ gross margin on its financial statements.

Required

Determine the variable cost per unit, the total variable product cost, and the total contribution margin.

$\backslash$table$[[,],[$Variable cost per unit,$],[$Total variable product cost,$],[$Total contribution margin,$]]$