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UMGC Haunted Forest Inc Average Selling Variable Cost & Fixed Costs Exercise

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 $308.

Variable cost per unit $194

Units sold 335

Fixed costs $16,415

Interest expense $3,059

Based on the data above, what is the degree of total (combined) leverage of Haunted Forest, Inc.?

Round the answer to two decimals