The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $61.42. The variable cost per unit is
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $61.42. The variable cost per unit is $19.91, Poseidon Swim has average fixed costs per year of $6390. Assume that current level of sales is 494 units. What will be the resulting percentage change in EBIT if they expect units sold to change by 6.2 percent?
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Authors: Doris Barrell
15th Edition
1475462077, 978-1475462074
