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DavisInc. expectsto sell 41,000 units during the next quarter at a selling price of $66 per unit. The company also provided the following cost estimates
DavisInc. expectsto sell 41,000 units during the next quarter at a selling price of $66 per unit. The company also provided the following cost estimates for the next quarter:
CostCost FormulaCost of good sold$33 per unit soldAdvertising expense$189,000 per quarterSales commissions6% of salesShipping expense$39,000 per quarter + $4.00 per unit soldAdministrative salaries$99,000 per quarterInsurance expense$10,900 per quarterDepreciation expense$69,000 per quarter
How much is the company's total contribution margin for the quarter?
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