FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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
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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
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