Question
Haunted Forest, Inc.is selling fog machines. Use the following information about Haunted Forest, Inc. to answer the following questions. Average selling price per unit $335.
Haunted Forest, Inc.is selling fog machines.
Use the following information about Haunted Forest, Inc. to answer the following questions.
Average selling price per unit $335.
Variable cost per unit $180
Units sold 385
Fixed costs $15,572
Interest expense $4,437
Based on the data above, what will be the resulting percentage change in earnings per share if they expect units produced and sold to change 8.4 percent?
(You should calculate the degree of total (combined) leverage first).
(Write the percentage sign in the "units" box).
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