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Calculate the expected profit

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Flint, Inc. produces stereo speakers. The selling price per pair of speakers is $1,000. The variable cost of production is $390 and the fixed cost per month is $43,371. For November, the company expects to sell 123 pairs of speakers.

Question 1: Calculate the expected profit, contribution margin ratio, Break-even sales, Expected sales and margin of safety in dollars. (Round contribution margin ratio and intermediate calculations to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.)

Reference no: EM132620233

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