Seagull Inc. will produce 50,000 aquariums next year. Variable costs will equal 40% of dollar sales, while fixed costs total $100,000. At what price must each aquarium be sold for Seagull’s EBIT to be $90,000? (15 points)

Seagull Inc. will produce 50,000 aquariums next year.  Variable
costs will equal 40% of dollar sales, while fixed costs total $100,000.  At what price must each aquarium be sold for Seagull’s EBIT to be $90,000? (15 points)
 
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The post Seagull Inc. will produce 50,000 aquariums next year. Variable costs will equal 40% of dollar sales, while fixed costs total $100,000. At what price must each aquarium be sold for Seagull’s EBIT to be $90,000? (15 points) appeared first on Superb Professors.

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