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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 $320.
Variable cost per unit $197
Units sold 317
Fixed costs $16,690
Interest expense $3,607
Question 1: Based on the data above, what is the degree of total (combined) leverage of Haunted Forest, Inc.? Round the answer to two decimals
In 2011, Julia is single and earns a salary of $65,000. Her allowable deductions for adjusted gross income total $1,200 and she has $4,200 of allowable itemized deductions. What is Julia’s taxable income?
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