The variable cost ratio can be defined as: a. variable costs divided by profit. b. variable costs
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Question:
The variable cost ratio can be defined as:
a. variable costs divided by profit.
b. variable costs divided by contribution margin.
c. variable costs divided by sales.
d. variable costs divided by fixed
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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