Question
Estrada Corporation produced 213,000 watches that it sold for $20 each during 2015. The company determined that fixed manufacturing cost per unit was $7 per
Estrada Corporation produced 213,000 watches that it sold for $20 each during 2015. The company determined that
fixed manufacturing cost per unit was $7 per watch. The company reported a $1,704,000 gross margin on its 2015
financial statements.
Determine the variable cost per unit?
Variable cost per unit is $5. but don't know how to get it using the info from the statement above
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Accounting and Finance An Introduction
Authors: Peter Atrill, Eddie McLaney
8th edition
129208829X, 1292088297, 978-1292088297
