Question: Exercise 11-14A (Algo) Determining variable cost from incomplete cost data LO 11-3 Estrada Corporation produced 200,000 watches that it sold for $17 each. The company
Exercise 11-14A (Algo) Determining variable cost from incomplete cost data LO 11-3 Estrada Corporation produced 200,000 watches that it sold for $17 each. The company determined that fixed manufacturing cost per unit was $9 per watch. The company reported a $400,000 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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