Bell Company sells various products.The average revenue and cost information is as follows: Sale price per unit
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Question:
Bell Company sells various products. The average revenue and cost information is as follows:
Sale price per unit $33.00
Variable costs per unit:
Direct material $5.25
Direct manufacturing labor $1.75
Manufacturing overhead $0.30
Cost of sale $2.00
Annual fixed costs $111,000
The company sells 11,000 units.
What is the ratio of variable costs to total costs?
Related Book For
Cost Management Measuring, Monitoring and Motivating Performance
ISBN: 978-1119185697
3rd Canadian edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott, Liang Hsuan Chen, Gail Cook
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