CAR-17420 company purchases battery powered bikes from a manufacturer for $1,507 per unit and then sells them to its customers for $2,200 each. The company's monthly selling and administrative costs are the following: Costs Selling: Advertising Sales salaries and commissions Delivery of bikes to customers Utilities Depreciation of sales facilities Administrative: Executive salaries Insurance Clerical Depreciation of office equipment Cost Formula $ 949 per month $ 4,790 per month, plus 3% of sales $ 59 per unit sold $ 630 per month $ 4,942 per month $ 13,583 per month $ 705 per month $ 2,548 per month, plus $36 per unit sold $ 901 per month Last month CAR-17420 sold 58 units. How much was the company's total contribution margin for the month? $ 96,744 $ 40,194 O $ 30,856 $ 87,406 CAR-17420 company purchases battery powered bikes from a manufacturer for $1,507 per unit and then sells them to its customers for $2,200 each. The company's monthly selling and administrative costs are the following: Costs Selling: Advertising Sales salaries and commissions Delivery of bikes to customers Utilities Depreciation of sales facilities Administrative: Executive salaries Insurance Clerical Depreciation of office equipment Cost Formula $ 949 per month $ 4,790 per month, plus 3% of sales $ 59 per unit sold $ 630 per month $ 4,942 per month $ 13,583 per month $ 705 per month $ 2,548 per month, plus $36 per unit sold $ 901 per month Last month CAR-17420 sold 58 units. How much was the company's total contribution margin for the month? $ 96,744 $ 40,194 O $ 30,856 $ 87,406