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Company A has 50% of its total variable manufacturing cost in labor and the other 50% in fuel. Company B has 10% of its total

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Company A has 50% of its total variable manufacturing cost in labor and the other 50% in fuel. Company B has 10% of its total variable manufacturing cost in labor and the remainder in fuel. Suppose in a given year labor costs rise 10% and fuel costs rise 6%. Required: 1. Using the information above, calculate the percentage increase in total variable cost for each company. (Enter your answers as whole percentages rounded to one decimal place.) ces Percentage Increase in Total Variable Costs Company A 8.0 % Company B 1%

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