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United Snack Company sells 40-pound bags of peanuts to university dormitories for $36 a bag. The fixed costs of this operation are $399,320, while the

United Snack Company sells 40-pound bags of peanuts to university dormitories for $36 a bag. The fixed costs of this operation are $399,320, while the variable costs of peanuts are $0.23 per pound. What is the break-even point in bags? Calculate the profit or loss (EBIT) on 7,000 bags and on 20,000 bags

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