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Which the variable cost ratio is

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Reference no: EM133011698

Problem 1: The variable cost ratio is:

Option 1: the variable costs expressed as a percentage of contribution margin.

Option 2: the variable costs expressed as a percentage of sales.

Option 3: the contribution margin expressed as a percentage of variable costs.

Option 4: the sales expressed as a percentage of variable costs.

Reference no: EM133011698

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