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CAR-63922 company purchases battery powered bikes from a manufacturer for $1,494 per unit and then sells them to its customers for $3,500 each. The companys

CAR-63922 company purchases battery powered bikes from a manufacturer for $1,494 per unit and then sells them to its customers for $3,500 each. The companys monthly selling and administrative costs are the following:

Costs Cost Formula
Selling:
Advertising $ 961 per month
Sales salaries and commissions $ 4,774 per month, plus 5% of sales
Delivery of bikes to customers $ 61 per unit sold
Utilities $ 652 per month
Depreciation of sales facilities $ 4,988 per month
Administrative:
Executive salaries $ 13,493 per month
Insurance $ 680 per month
Clerical $ 2,531 per month, plus $36 per unit sold
Depreciation of office equipment $ 863 per month

Last month CAR-63922 sold 61 units. How much was the company's total contribution margin for the month?

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