Question: Exercise 11-14A (Algo) Determining variable cost from incomplete cost data LO 11-3 Estrada Corporation produced 211,000 watches that it sold for $21 each. The company

 Exercise 11-14A (Algo) Determining variable cost from incomplete cost data LO

Exercise 11-14A (Algo) Determining variable cost from incomplete cost data LO 11-3 Estrada Corporation produced 211,000 watches that it sold for $21 each. The company determined that fixed manufacturing cost per unit was $8 per watch. The company reported a $1,477,000 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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