What is the variable expense ratio

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Davison Co. prepared the following contribution format income statement based on a sales volume of 10,000 units (the relevant range of production is 5,000 units to 15,000 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 210,000 126,000 84,000 63,000 $ 21,000 points Skipped

What is the variable expense ratio?

Variable expense ratio %

Reference no: EM133674893

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