Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. foster company makes power tools. the budgeted sal

Foster Company makes power tools. The budgeted sales are $420,000, budgeted variable cos are $147,000,...

90.2K

Verified Solution

Question

Accounting

image

Foster Company makes power tools. The budgeted sales are $420,000, budgeted variable cos are $147,000, and budgeted fixed costs are $227,500. Refer to Figure 4-1. What is the variable cost ratio? 54% 35% 89% 19% 50%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Mr. Briggs purchased an apartment complex on January 10, 2016 for $2 million with 10% of...

Physics
1.2K views

The G-string on a guitar is 64.8 cm long and is properly tuned to 196 Hz...

Biology
1.2K views

Describe two specialized cells in the respiratory system that enable the lungs to function

Psychology
1.2K views

Which of the following is an inaccurate statement about case studies? Select the best answer.allows...

Physics
1.2K views

Two cylindrical rods each of length L are joined in parallel Their thermal conductivity are...

Physics
1.2K views

c 2R 17 The gravitational field in a region is given by E 41 i...

Statistics
1.2K views

Module 7 Two stical Inference Questio

Statistics
1.2K views

The following refer to the following data set 91 5 91 5 77 8 65...

Accounting
1.2K views

Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $50,600, 2. Raw...

Accounting
1.2K views

A tax deduction of $100 amounts to an extra refund of $100 when you lodge...

Accounting
1.2K views

8. Accrued revenues are a. received and recorded as liabilities before they are earned. b....

Finance
1.2K views

A zero-coupon bond has a $1,000 par value and 24 years to maturity. If the...