Exercise 11-14A (Algo) Determining variable cost from incomplete cost data LO 11-3 Estrada Corporation produced 204,000 watches that it sold for $20 each. The company determined that fixed manufacturing cost per unit was $8 per watch. The company reported a $1,224,000 gross margin on its financial statements. Required Determine the variable cost per unit, the total variable product cost, and the total contribution margin. Variable cost per unit Total variable product cost Total contribution margin $ 8

Exercise 11-14A (Algo) Determining variable cost from incomplete cost data LO 11-3 Estrada Corporation produced 204,000 watches that it sold for $20 each. The company determined that fixed manufacturing cost pe unit was $8 per watch. The company reported a $1,224,000 gross margin on its financlal statements. Required Determine the variable cost per unit, the total variable product cost, and the total contribution margin