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Davis Inc. expects to sell 43,000 units during the next quarter at a selling price of $67 per unit. The company also provided the following

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Davis Inc. expects to sell 43,000 units during the next quarter at a selling price of $67 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 $34 per unit sold $190,000 per quarter 5% of sales $36,000 per quarter + $4.00 per unit sold $100,000 per quarter $11,000 per quarter $70,000 per quarter How much is the company's total contribution margin for the quarter? Multiple Choice

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