Question: Could you explain the steps for solving this general accounting question accurately? TrailBlazer Footwear expects to sell 10,000 pairs of shoes next year. The company

Could you explain the steps for solving this general accounting question accurately?

TrailBlazer Footwear expects to sell 10,000 pairs of shoes next year. The company buys shoes for S60 per pair from suppliers and sells them for $90 per pair. The company incurs fixed costs including depreciation of $120,000. What is the percent increase in EBIT if actual sales are 12,000 pairs instead of 10,000 pairs

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