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Davis Inc. expects to sell 29,000 units during the next quarter at a selling price of $54 per unit. The company also provided the following

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Davis Inc. expects to sell 29,000 units during the next quarter at a selling price of $54 per unit. The company also provided the following cost estimates for the next quarter. Cost Cost Formula Cost of good sold $24 per unit sold Advertising expense $174,000 per quarter Sales commissions 58 of sales $84,000 per quarter + $4.00 per unit Shipping expense sold Administrative salaries $84,000 per quarter Insurance expense $9,400 per quarter Depreciation expense $54,000 per quarter How much is the company's total contribution margin for the quarter? Multiple Choice $675,700

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