Managerial Accounting (15th Edition)

Published by McGraw-Hill Education
ISBN 10: 007802563X
ISBN 13: 978-0-07802-563-1

Chapter 5 - Cost-Volume-Profit Relationships - The Foundational 15 - Required - Page 217: 3

Answer

Variable expense ratio = Variable expenses $\div$ Sales in total = $12,000\div20,000$ = 0.6

Work Step by Step

Variable expenses = 12,000 Sales in total = 20,000
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