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Estrada Corporation produced 2 1 4 , 0 0 0 watches that it sold for $ 1 8 each. The company determined that fixed manufacturing

Estrada Corporation produced 214,000 watches that it sold for $18 each. The company determined that fixed manufacturing cost per unit was $7 per watch. The company reported a $1,070,000 gross margin on its financial statements.
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Determine the variable cost per unit, the total variable product cost, and the total contribution margin.

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