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Franklin Corporation produced 203,000 watches that it sold for $19 each during year 2. The company determined that fixed manufacturing cost per unit was $7

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Franklin Corporation produced 203,000 watches that it sold for $19 each during year 2. The company determined that fixed manufacturing cost per unit was $7 per watch. The company reported a $1,218,000 gross margin on its year 2 financial statements. Required Determine the variable cost per unit, the total variable product cost, and the total contribution margin Variable cost per una Total variable product cont Total contribution margin

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