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Walton Corporation produced 2 2 0 , 0 0 0 watches that it sold for $ 1 9 each during year 2 . The company

Walton Corporation produced 220,000 watches that it sold for $19 each during year 2. The company determined that fixed
manufacturing cost per unit was $8 per watch. The company reported a $1,100,000 gross margin on its year 2 financial statements.
Required
Determine the variable cost per unit, the total variable cost, and the total contribution margin.
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