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Calculate the contribution margin ratio

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Reference no: EM132868573

Question - Headland, Inc. produces stereo speakers. The selling price per pair of speakers is $1,000. The variable cost of production is $370 and the fixed cost per month is $43,344. For November, the company expects to sell 128 pairs of speakers.

Calculate expected profit.

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

Reference no: EM132868573

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