Headland, Inc. produces stereo speakers. The selling price per pair of speakers is $1,000. The variable cost of production is $370and the fixed cost per month is $43,344. For November, the company expects to sell128pairs of speakers.

Calculate expected profit.

Expected profit

Calculate the 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.)

Contribution margin ratio rounded to 2 decimal places

Break-even sales

dollars rounded to 0 decimal places

Expected sales

dollars rounded to 0 decimal places

Margin of safety

dollars rounded to 0 decimal places