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Determine total variable cost and total contribution margin

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Eubank Corporation produced 140,000 watches that it sold for $27 each during 2008. The company determined that fixed manufacturing cost per unit was $6 per watch. The company reported a $420,000 gross margin on its 2008 financial statements.

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

Reference no: EM13529255

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