Average selling price per unit 340 variable cost per unit, Financial Management

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Average selling price per unit 340 variable cost per unit

Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $340. Variable cost per unit $187 Units sold 359 Fixed costs $9,499 Interest expense $19,307

Based on the data above, what is the degree of financial leverage of Rat Race Home Security, Inc.?

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Financial Management: Average selling price per unit 340 variable cost per unit

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Financial Management: Average selling price per unit 340 variable cost per unit

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