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ompany purchases battery powered bikes from a manufacturer for $1,499 per unit and then sells them to its customers for $2,500 each. The company's
ompany purchases battery powered bikes from a manufacturer for $1,499 per unit and then sells them to its customers for $2,500 each. The company's monthly selling and administrative costs are the following: Costs Cost Formula Selling: Advertising Sales salaries and commissions Delivery of bikes to customers Utilities Depreciation of sales facilities Administrative: Executive salaries Insurance Clerical Depreciation of office equipment Last month O $ 95,368 $940 per month $4,771 per month, plus 4% of sales $ 62 per unit sold $ 658 per month $ 5,095 per month $ 13,559 per month $ 689 per month $ 2,477 per month, plus $42 per unit sold $ 889 per month old 56 units. How much was the company's total contribution margin for the month? O $ 56,056 O $ 83,944 O $44,632
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