Problemthe poseidon swim company produces swim trunks the, Ask an Expert

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Problem:

The Poseidon Swim company produces swim trunks. The average selling price for one of their swim trunks is $38. The variable cost per unit is $25. Poseidon swim has average fixed costs per year of $35,194.

Requirement:

Assume the current level of sales is 5,328 units. What will the resulting percentage change in EBIT if they expect units so;d to be increased by 4 percent.

Note: Please show how you came up with the solution.

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Category:- Basic Finance
Reference No.:- M91163056

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