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Exercise 3 - 4 A ( Algo ) Determining variable cost from incomplete cost data LO 3 - 1 Baird Corporation produced 2 0 8
Exercise A Algo Determining variable cost from incomplete cost data LO
Baird Corporation produced watches that it sold for $ each during year The company determined that fixed manufacturing cost per unit was $ per watch. The company reported a $ gross margin on its year financial statements.
Required
Determine the variable cost per unit, the total variable cost, and the total contribution margin.
tableVariable cost per unitTotal variable costTotal contribution margin
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