CAR-47762 company purchases battery powered bikes from a manufacturer for $1,519 per unit and then sells...

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CAR-47762 company purchases battery powered bikes from a manufacturer for $1,519 per unit and then sells them to its customers for $3,300 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 $ 943 per month $ 4,804 per month, plus 4% of sales $ 62 per unit sold $ 661 per month $ 5,068 per month $ 13,589 per month $ 720 per month $ 2,534 per month, plus $44 per unit sold $ 943 per month Last month CAR-47762 sold 64 units. How much was the company's total contribution margin for the month? $ 98,752 $112,448 $ 113,984 $ 97,216

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