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CAR-72868 company purchases battery powered bikes from a manufacturer for $1,481 per unit and then sells them to its customers for $3,400 each. The
CAR-72868 company purchases battery powered bikes from a manufacturer for $1,481 per unit and then sells them to its customers for $3,400 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 $ 955 per month $ 4,792 per month, plus 5% of sales $ 63 per unit sold $ 663 per month $ 4,909 per month $ 13,431 per month $ 711 per month $ 2,469 per month, plus $44 per unit sold $ 872 per month Last month CAR-72868 sold 62 units. How much was the company's total contribution margin for the month? $101,804 O $91,822 $108,996 O $ 118,978
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