Multiple Choice
Desjardin's makes power tools. The budgeted sales are $550,000, budgeted variable costs are $230,000, and budgeted fixed costs are $227,500.
-Refer to the Figure.What is the variable cost ratio?
A) 19%
B) 42%
C) 50%
D) 54%
Correct Answer:
Verified
Correct Answer:
Verified
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