What is the break-even point in bags

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Reference no: EM131994033

Healthy Foods Inc. sells 50-pound bags of grapes to the military for $10 a bag. The fixed costs of this operation are $92,000, while the variable costs of grapes are $.10 per pound.

a. What is the break-even point in bags?

b. Calculate the profit or loss (EBIT) on 16,000 bags and on 34,000 bags.

Reference no: EM131994033

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