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

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Accounting

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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%

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