Barclay Corporation produced 250,000 watches that it sold for $32 each during year 2. The company determined that fixed manufacturing cost per unit was $16 per watch. The company reported a $2,400,000 gross margin on its year 2 financial statements. Determine
a. The variable cost per unit.
b. The total variable cost.
c. The total contribution margin.
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Barclay Corporation produced 250,000 watches that it sold for $32 each during year 2. The company determined that fixed manufacturing cost ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » Barclay Corporation produced 250,000 watches that it sold for $32 each during year 2. The company determined that fixed manufacturing cost per unit was $16 per watch. The company reported a $2,400,000 gross margin on its year 2 financial statements.