CM-353 Inc. expects to sell 33,000 units during the next quarter at a selling price of $55 per unit. The company also provided the following cost estimates for the next quarter:

Cost	Cost Formula
Cost of good sold	$25 per unit sold
Advertising expense	$182,000 per quarter
Sales commissions	5% of sales
Shipping expense	$32,000 per quarter + $5.00 per unit sold
Administrative salaries	$92,000 per quarter
Insurance expense	$10,200 per quarter
Depreciation expense	$62,000 per quarter

How much is the company's total contribution margin for the quarter?

Multiple Choice

• $734,250

• $356,050

• $990,000

• $633,950