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Marwick's Pianos, Incorporated, purchases pianos from a manufacturer for an average cost of $1,515 per...

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Accounting

Marwick's Pianos, Incorporated, purchases pianos from a manufacturer for an average cost of $1,515 per unit and then sells them to rotall customers for an average price of $2,400 each. The company's selling and administrative costs for a below: are presented a typical month areCostsSelling AdvertisingSales salaries and commissions elivery of planes to customersUtilitiesDepreciation of sales facilities Administrative:Executive salaries InsuranceDepreciation equipment 52,465 per aanth, plus $39 per piano sold $882 per manthCost Formula$937mosth$4,775 per month, plus st of sales$625 per month $5,000 per month$13,418 per month 5609 per nossDuring August, Marwick's Pianos, Incorporated, sold and delivered 62 pianos. How much was the company's total contribution margin?$148,800$93,930 $54,870$41,416

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