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Healthy Foods Incorporated sells 50-pound bags of grapes to the military for $20 a bag. The fixed costs of this operation are $105,000, while the
Healthy Foods Incorporated sells 50-pound bags of grapes to the military for $20 a bag. The fixed costs of this operation are $105,000, while the variable costs of grapes are $0.25 per pound. a. What is the break-even point in bags? Note: Round your answer to 2 decimal places. Break-even point b. Calculate the profit or loss (EBIT) on 15,000 bags and on 25,000 bags. Bags 15,000 25,000 bags Profit/Loss Amount
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