Question: When building an industry-average should cost model, we might go to a source like RMAs Annual Statement Studies for information on which element? Question 2

When building an industry-average should cost model, we might go to a source like RMAs Annual Statement Studies for information on which element?

Question 2 options:

Operating Expenses to Sales ratio

Direct Material to Sales ratio

None of the given answers would come from Annual Statement Studies

Direct Labor to Sales ratio

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