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Stellar, Inc

Accounting

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Stellar, 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 $50,876. For November, the company expects to sell 138 pairs of speakers.

Calculate expected profit.

1) Expected profit$(In dollars) _________

2) Contribution margin ratio _________ (rounded to 2 decimal places)

3)Break-even sales$____________(in dollars)

4)Expected sales$ _____________(in dollars)

5)Margin of safety$_____________(in dollars)

*****please let me know if this needs to be a multiple question all though its from one source of information***