Estrada Corporation produced 203,000 watches that it sold for $20 each. The company determined that fixed manufacturing cost per unit was $7 per watch. The company reported a $1,624,000 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

Estrada Corporation produced 203,000 watches that it sold for $20 each. The company determined that fixed manufacturing cost per unit was $7 per watch. The company reported a $1,624,000 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

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter11: Differential Analysis And Product Pricing

Section: Chapter Questions

Problem 16E

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