Question: A company reports these data: Price per unit = $ 2 5 Variable costs per unit = $ 1 5 Fixed costs = $ 1

A company reports these
data:
Price per unit =$25
Variable costs per unit =
$15
Fixed costs =$15,000
Given these data, what is the
variable cost ratio?
60%
50%
40%
20%
 A company reports these data: Price per unit =$25 Variable costs

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