Question: Determining variable cost from incomplete cost data LO 3-1 Estrada Corporation produced 206,000 watches that it sold for $16 each during 2015. The company determined

Determining variable cost from incomplete cost data LO 3-1 Estrada Corporation

Determining variable cost from incomplete cost data LO 3-1 Estrada Corporation produced 206,000 watches that it sold for $16 each during 2015. The company determined that fixed manufacturing cost per unit was $8 per watch. The company reported a $618,000 gross margin on its 2015 financial statements. Determine the variable cost per unit, the total variable cost, and the total contribution margin

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