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Davis Inc. expects to sell 23,000 units during the next quarter at a selling price of $51 per unit. The company also provided the following

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Davis Inc. expects to sell 23,000 units during the next quarter at a selling price of $51 per unit. The company also provided the following cost estimates for the next quarter: Cost Cost Formula Cost of good sold $21 per unit sold Advertising expense $171,000 per quarter Sales commissions 6% of sales Shipping expense $42,000 per quarter + $7.00 per unit sold Administrative salaries $81,000 per quarter Insurance expense $9,100 per quarter Depreciation expense $51,000 per quarter How much is the company's total contribution margin for the quarter? How much is the company's total contribution margin for the quarter? Multiple Choice O $585,480 O $104,520 O $690,000 $458,620

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