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CoursHeroTranscribedText: Bridgeport, Inc. produces stereo speakers. The selling price per pair of speakers is $1,000. The variable cost of production is $380 and the fixed cost per month is $45,260. For November, the company expects to sell 124 pairs of speakers. [a] Calculate expected profit. Expected profit $31,620 ' (b) Calculate the contribution margin ratio, Breakeven sales, Expected sales and margin of safety in dollars. (Round contribution margin ratio and intermediate caicuiations to 2 decimai piaces, e. g. 15.25 and aii other answers to 0 decimai pieces, e.g. 5,275.) Contribution margin ratio Break-even sales 5 Expected sales 5 Margin of safety 3