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The Cookie Casa has fixed production costs of $50,000 annually. Annual depreciation expense is $60,000,...

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Accounting

The Cookie Casa has fixed production costs of $50,000 annually. Annual depreciation expense is $60,000, with Net Income of $150,000. The sales price is $1.00 per cookie while the variable cost per cookie is $0.50. How many cookies must it sell to break-even on a financial basis?
Multiple Choice
A)400,000
B)220,000
C)520,000
D)100,000
E)200,000

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