Question
Kingbird, Inc. produces stereo speakers. The selling price per pair of speakers is $ 1,000. The variable cost of production is $ 210 and the
Kingbird, Inc. produces stereo speakers. The selling price per pair of speakers is $ 1,000. The variable cost of production is $ 210 and the fixed cost per month is $ 51,508. For November, the company expects to sell 127pairs of speakers.
Calculate expected profit.
Expected profit | $ enter expected profit in dollars |
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 | enter contribution margin ratio rounded to 2 decimal places | ||
---|---|---|---|
Break-even sales | $ enter break-even sales in dollars rounded to 0 decimal places | ||
Expected sales | $ enter expected sales in dollars rounded to 0 decimal places | ||
Margin of safety | $ enter margin of safety in dollars rounded to 0 decimal places |
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