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Perez Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 12,000 and 18,000 trophies per year. The following cost data apply to various activity levels. Estrada Corporation produced 215,000 watches that it sold for $20 each. The company determined that fixed manufacturing cost per unit was $7 per watch. The company reported a $1,720,000 gross margin on its financial statements. Required Perez Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 12,000 and 18,000 trophies per year. The following cost data apply to various activity levels. Estrada Corporation produced 215,000 watches that it sold for $20 each. The company determined that fixed manufacturing cost per unit was $7 per watch. The company reported a $1,720,000 gross margin on its financial statements. Required