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step by step instructions. 79 Haunted Forest, Inc.is selling fog machines. Use the following information about Haunted Forest, Inc. to answer the following questions. Average

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79
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 $343.
Variable cost per unit $206
Units sold 387
Fixed costs $10,628
Interest expense $3,584
Based on the data above, what is the degree of total (combined) leverage of Haunted Forest, Inc.?
Answer 1.37
710
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 $349.
Variable cost per unit $214
Units sold 337
Fixed costs $13,566
Interest expense $4,515
Based on the data above, what will be the resulting percentage change in earnings per share if they expect units produced and sold to decrease by 3 percent?
Answer Decreased by 4.98%

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