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How much is the company total contribution margin

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Reference no: EM132581078

Davis Inc. expects to 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

Question 1: How much is the company's total contribution margin for the quarter?

Reference no: EM132581078

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