The Pharoah Company sells all of its shelves for $117 per shelf and incurs $50 in variable costs to produce each. If the fixed costs for the firm are $2,000,000 per year, what will the EBIT for the firm be if it produces and sells 48,000 sheives next year? Assume that depreciation and amor tization is included in the foxed costs. EBIT 5 The Pharoah Company sells all of its shelves for $117 per shelf and incurs $50 in variable costs to produce each. If the fixed costs for the firm are $2,000,000 per year, what will the EBIT for the firm be if it produces and sells 48,000 sheives next year? Assume that depreciation and amor tization is included in the foxed costs. EBIT 5