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What the variable expense ratio of the company

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Problem - The present break-even sale of PIOLO Company is P550,000 per year. It is computed that if fixed expense will go up by P60,000, the sales volume required to break-even will also increase to P700,000, without any change in the selling price per unit and on the variable expenses. What the variable expense ratio of the company?

Reference no: EM132947002

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