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Calculate the contribution margin ratio

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Question - Buffalo, Inc. produces stereo speakers. The selling price per pair of speakers is $1,000. The variable cost of production is $270 and the fixed cost per month is $54,385. For November, the company expects to sell 134 pairs of speakers. Calculate the contribution margin ratio, break-even sales, expected sales, and margin of safety in dollars.

Reference no: EM132995782

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