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Problem 5 - 1 3 ( Algo ) Break - even point and degree of leverage [ LO 5 - 2 , 5 - 5

Problem 5-13(Algo) Break-even point and degree of leverage [LO5-2,5-5]
United Snack Company sells 50-pound bags of peanuts to university dormitories for $20 a bag. The fixed costs of this operation are
$176,250, while the variable costs of peanuts are $0.15 per pound.
a. What is the break-even point in bags?
b. Calculate the profit or loss (EBIT) on 7,000 bags and on 20,000 bags.
Answer is complete but not entirely correct. (why is this answer incorrect?) please answer...if im sending this to an expert it is because I want the answer to my question not suggestion from Chegg that all it does is give me the same incorrect answer
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