Molar mass is computed as the sum of the masses of all elements in the compound considering one mole of that substance. The mass of Ca is 40.08 amu while the mass of I2 is 126.9 amu. In the equation, there are 1 unit of Ca and 2 units of I2. Thus, (1 Ca x 40.08 amu) + (2 I2 x 126.9 amu) is equal to 293.88 amu.