Calculate the Ratio of Variable-Costs-To-Sales for a Firm With: $3,000,000

question 69

Multiple Choice

Calculate the ratio of variable-costs-to-sales for a firm with: $3,000,000 accounting break-even revenues, $1.2 million fixed costs, and $450,000 depreciation.(use the values in dollar)

• A)40 percent
• B)45 percent
• C)55 percent
• D)60 percent

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