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DavisInc. expectsto sell 23,000 units during the next quarter at a selling price of $51 per unit. The company also provided the following cost estimates

DavisInc. expectsto 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?

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