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Determine the variable cost per unit

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Question - Stuart Corporation produced 217,000 watches that it sold for $18 each during year 2. The company determined that fixed manufacturing cost per unit was $7 per watch. The company reported a $1,302,000 gross margin on its year 2 financial statements. Determine the variable cost per unit, the total variable product cost, and the total contribution margin.

Reference no: EM133114615

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