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CAR-72868 company purchases battery powered hikes from a manufacturer for $1,481 per unit and then sells them to its customers for $3,400 each. The company's
CAR-72868 company purchases battery powered hikes 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 Cost ForllJla Selling: Advertising :8 955 per month Sales salaries and commissions 5 4,?92 per month, plus 596 o-F sales Delivery o-F bikes to customers 5 63 per unit sold Utilities 5 663 per month Depreciation of sales facilities 5 4,999 per month Administrative: Executive salaries $ 13,431 per month Insurance 5 ?11 per month Clerical 5 2,469 per month, plus $44 per unit sold Depreciation of office equipment :5 3?: per month Last month CART2368 sold 62 units. How much was the company's total contribution margin for the month? 0 $101,804 0 $ 91,822 0 $108,996 0 $118,979
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