Davis Inc. expects to sell 37,000 units during the next quarter at a selling price of $61 per unit. The company also provided the following cost estimates for the next quarter: Cost Cost of good sold Advertising expense Sales commissions Shipping expense Administrative salaries Insurance expense Depreciation expense Cost Formula $31 per unit sold $181,000 per quarter 6% of sales $63,000 per quarter + $4.00 per unit sold $91,000 per quarter $10,100 per quarter $61,000 per quarter How much is the company's total contribution margin for the quarter? Multiple Choice $420,480 $826.580 $420,480 $826,580 $689,520 $1,110,000