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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Provide solution this accounting question

Transcribed Image Text:The Price Co. can make widgets for $5 and sell them for $8. If fixed
costs are $100,000, then how many widgets must they sell in order
to have an EBIT of $50,000?
a) 30,000
b) 50,000
c) 100,000
d) 150,000
Expert Solution
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