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Calculate expected profit

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Question - Novak, Inc. produces stereo speakers. The selling price per pair of speakers is $1,000. The variable cost of production is $220 and the fixed cost per month is $58,422. For November, the company expects to sell 120 pairs of speakers.

Calculate expected profit.

Calculate the contribution margin ratio, Break-even sales, Expected sales and margin of safety in dollars.

Reference no: EM132978059

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