Question: Problem: Module 5 Textbook Problem 5 Learning Objective: 5-5 Prepare an income statement using the contribution margin approach Estrada Corporation produced 205.000 watches that it

Problem: Module 5 Textbook Problem 5 Learning Objective: 5-5 Prepare an income statement using the contribution margin approach Estrada Corporation produced 205.000 watches that it sold for $19 each. The company determined that fixed manufacturing cost per unit was $7 per watch The company reported a $1.230.000 gross margin on its financial statements. Required Determine the variable cost per unit the total variable product cost, and the total contribution margin. $ Variable cost per unit Total variable product cost Total contribution margin $ 2005 000

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