Total Variable Cost Divided by Price Is

question 26

Multiple Choice

Total variable cost divided by price is

• A) variable cost ratio.
• B) revenue ratio.
• C) contribution ratio.
• D) sales ratio.
• E) degree of operating leverage.

---

Definitions:

Motor Parts

Motor parts encompass all components and accessories used in the construction, repair, and maintenance of vehicles, including engines, transmissions, brakes, and electrical systems.

Shipping Dock

A platform or area at a warehouse or industrial facility where goods are loaded onto or unloaded from vehicles.

Dual Capacity

Refers to a situation where an entity or person functions in more than one role or capacity, often leading to different sets of responsibilities and rights.

Principals

The main parties involved in a business transaction or agreement, usually responsible for entering into a contract.