University of Maryland Compute the Units Sold for Poseidon Swim Company Questions
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $84.31. The variable cost per unit is $20.49, Poseidon Swim has average fixed costs per year of $9,277. Assume that current level of sales is 427 units. What will be the resulting percentage change in EBIT if they expect units sold to changes by 8.8 percent?
