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Calculate expected profit

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Reference no: EM132520167

Cutters Inc produces Scissors. The selling price is $12 per scissor. The variable cost of production is $4.80 per scissor and the fixed cost per month is $20,448. For October, the company expects to sell 3,100 Scissors.

Instructions:

Question 1) Calculate expected profit.

Question 2) Calculate the margin of safety in dollars.

Reference no: EM132520167

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