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Exercise 11-14A (Algo) Determining variable cost from incomplete cost data LO 11-3 Estrada Corporation produced 218,000 watches that it sold for $17 each. The company

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Exercise 11-14A (Algo) Determining variable cost from incomplete cost data LO 11-3 Estrada Corporation produced 218,000 watches that it sold for $17 each. The company determined that fixed manufacturing cost per unit was $7 per watch. The company reported a $872,000 gross margin on its financial statements. Required Determine the variable cost per unit, the total variable product cost, and the total contribution margin

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