Question: Exercise 3 - 4 A ( Algo ) Determining variable cost from incomplete cost data LO 3 - 1 Campbell Corporation produced 2 1 7
Exercise A Algo Determining variable cost from incomplete cost data LO
Campbell Corporation produced watches that it sold for $ each during year The company determined that fixed manufacturing cost per unit was $ per watch. The company reported a $ gross margin on its year financial statements.
Required
Determine the variable cost per unit, the total variable cost, and the total contribution margin.
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