Homework Answers
Number of units sold = Total revenue/Price per unit
= 560,000/100
= 5600 units
EBIT = Sales Revenue - Variable costs - Fixed costs - Depreciation and Amortization
80,000 = 560,000 - 5600*60 - Fixed costs - 50,000
80,000 = 224000 - Fixed costs - 50,000
Hence, Fixed costs = $94,000
Hence, the answer is $94000
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