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What will be the resulting percentage change in EBIT

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Question - The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $68.75. The variable cost per unit is $24.60, Poseidon Swim has average fixed costs per year of $6,791.

Assume that current level of sales is 355 units. What will be the resulting percentage change in EBIT if they expect units sold to changes by -1.9 percent?

Reference no: EM132951198

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