Oya corporation produces 200000 watches that it sold for 16

Reference no: EM13609675

Loya Corporation produces 200,000 watches that it sold for 16 each during 2012. The company determined that fixed manfacturing cost per unit was 7 per watch. The company reported a 800,000 gross margin on its 2011 financial statements.

Required: Determine the total variable cost, the variable cost per unit, and the total contribution margin.

Reference no: EM13609675

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