Iacopi Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $172.50 per unit.
|
Sales volume (units) |
4,000 |
5,000 |
|
|
Cost of sales |
$307,600 |
$384,500 |
|
|
Selling and administrative costs |
$321,200 |
$337,000 |
The best estimate of the total contribution margin when 4,300 units are sold is: