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purchases bikes from a manufacturer for $1,486 per unit and then sells them to its customers for $2,700 each. monthly selling and administrative costs are

purchases bikes from a manufacturer for $1,486 per unit and then sells them to its customers for $2,700 each.

monthly selling and administrative costs are the following:

Costs Cost Formula
Selling:
Advertising $ 954 per month
Sales salaries and commissions $ 4,794 per month, plus 3% of sales
Delivery of bikes to customers $ 63 per unit sold
Utilities $ 654 per month
Depreciation of sales facilities $ 4,985 per month
Administrative:
Executive salaries $ 13,565 per month
Insurance $ 703 per month
Clerical $ 2,475 per month, plus $38 per unit sold
Depreciation of office equipment $ 877 per month

total contribution margin for the month?

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