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The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $77.48. The variable cost per unit is

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The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $77.48. The variable cost per unit is $25.33, Poseidon Swim has average fixed costs per year of $9,223. Assume that current level of sales is 484 units. What will be the resulting percentage change in EBIT if they expect units sold to changes by -1.4 percent? (You should calculate the degree of operating leverage first). (Write the percentage sign in the "units" box). Round the answer to two decimal places. Your Answer: Answer units

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