Question: Exercise 1 1 - 1 4 A ( Algo ) Determining variable cost from incomplete cost data LO 1 1 - 3 Estrada Corporation produced

Exercise 11-14A (Algo) Determining variable cost from incomplete cost data LO 11-3
Estrada Corporation produced 203,000 watches that it sold for $19 each. The company determined that fixed manufacturing cost per unit was $9 per watch. The company reported a $1,015,000 gross margin on its financial statements.
Required
Determine the variable cost per unit, the total variable product cost, and the total contribution margin.

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