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Davis Inc. expects to sell 39,000 units during the next quarter at a selling price of $65 per unit. The company also provided the following
Davis Inc. expects to sell 39,000 units during the next quarter at a selling price of $65 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 $32 per unit sold $188,000 per quarter 5% of sales $42,000 per quarter + $4.00 per unit sold $98,000 per quarter $10,800 per quarter $68,000 per quarter How much is the company's total contribution margin for the quarter? Multiple Choice $689.550 $1,287,000 $597,450 $1,004,250
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