Question 3(1 point)

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 $335.

Variable cost per unit $180

Units sold 319

Fixed costs $16,221

Interest expense $4,605

Based on the data above, what will be the resulting percentage change in earnings per share if they expect units produced and sold to change -0.7 percent?

(You should calculate the degree of total (combined) leverage first).

(Write the percentage sign in the "units" box).

Round the answer to two decimals

Your Answer: