-3 3 XYZ Company is currently selling its single product for $15. Variable costs are estimated to remain at 70% of the current selling price and fixed costs are estimated to be $4,800 per month. If XYZ increases its selling price by 10%, its variable cost ratio will: Out of question Select one: a. Cannot determine with the information given. O b. not change O c. decrease d. increase. e. None of the given answers