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Estrada Corporation produced 212,000 watches that it sold for $16 each during 2019. The company determined that fixed manufacturing cost per unit was $8 per
Estrada Corporation produced 212,000 watches that it sold for $16 each during 2019. The company determined that fixed manufacturing cost per unit was $8 per watch. The company reported a $636,000 gross margin on its 2019 financial statements.
Determine the variable cost per unit, the total variable cost, and the total contribution margin.
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