Question
Date Company makes calendars. Information on cost per unit is as follows: Direct materials $1.50 Direct labour 1.20 Variable overhead 0.90 Variable marketing expense 0.40
Date Company makes calendars. Information on cost per unit is as follows:
| Direct materials | $1.50 |
| Direct labour | 1.20 |
| Variable overhead | 0.90 |
| Variable marketing expense | 0.40 |
Fixed marketing expense totalled $13,000, and fixed administrative expense totalled $35,000. The price per calendar is $10. Refer to the Figure. What is the variable expense ratio?
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283434
