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Figure 4-1

Question 23

Multiple Choice

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?


A) 54%
B) 35%
C) 89%
D) 19%
E) 50%

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