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Paney Company Makes Calendars

Question 105

Multiple Choice

Paney Company makes calendars.Information on cost per unit is as follows:
Paney Company makes calendars.Information on cost per unit is as follows:    -  Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000.The price per calendar is $10.What is the variable expense ratio?   A)  40% B)  36% C)  50% D)  60% E)  46%
- Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000.The price per calendar is $10.What is the variable expense ratio?


A) 40%
B) 36%
C) 50%
D) 60%
E) 46%

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