Variable Cost Per Unit | $5 |
Total Variable Cost | $10,90,000 |
Total Contribution Margin | $34,88,000 |
Working Notes:
Total Quantity Sold=2,18,000 watches
Sales Price Per Unit=$21
Total Sales = 218000*21=$45,78,000
Fixed Cost Per Unit=$8
Total Fixed Cost= 218000*8=$17,44,000
Total Gross Margin=$17,44,000
As,
Gross Margin=Contribution Margin-Total Fixed Cost
1744000 =Contribution Margin-1744000
Contribution Margin=1744000+1744000
= 3488000
As,
Sales-Total Variable Cost=Contribution Margin
4578000-Total Variable Cost=3488000
Total Variable Cost=4578000-3488000
=1090000
Variable Cost per unit=Total Variable Cost/Total Quanity
=1090000/218000
=5 per unit
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