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Estrada Corporation produced 211,000 watches that it sold for $17 each during 2015. The company determined that fixed manufacturing cost per unit was $7 per

Estrada Corporation produced 211,000 watches that it sold for $17 each during 2015. The company determined that fixed manufacturing cost per unit was $7 per watch. The company reported a $844,000 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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