What is the variable cost ratio


Question 18 Figure 4-1. Foster Company makes power tools. The budgeted sales are $420,000, budgeted variable costs are $147,000, and budgeted fixed costs are $227,500. Refer to Figure 4-1. What is the variable cost ratio? Answer 35% 54% 89% 19% 50%?

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Accounting Basics: What is the variable cost ratio
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