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Calculate the break-even for a widget company

Problem 1: Calculate the break-even for a Widget company given the following information:

Sales Price Variable Cost per unit Fixed Costs
Widgets $800 $550 $77,000

Problem 2: Based upon the information needed in problem 1, how many widgets must be produced to earn a profit of $50,000?

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Accounting Basics: Calculate the break-even for a widget company

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