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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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