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Justin Bieber produces and sells special microphones. For the fourth quarter of 2020, he expects to produce and sell 42,000 microphones. He expects total revenues
Justin Bieber produces and sells special microphones. For the fourth quarter of 2020, he expects to produce and sell 42,000 microphones. He expects total revenues of $1,078,000 which are all variable, and total expenses of $722,000, $100,000 of which is fixed with the rest variable. If Justin Bieber ends up actually producing and selling 39,000 microphones during the fourth quarter, what is the flexible budget NOI? Round your answer to the nearest cent.
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