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nydimaria [60]
2 years ago
11

Spice sells paprika for $9.00 per bottle. Variable cost is $2.43 per bottle and Spice's annual fixed costs are $825,000. The var

iable expense ratio for paprika is ______.
Business
1 answer:
yKpoI14uk [10]2 years ago
5 0

The variable expense ratio for paprika is 27%.

<h3>Variable expense ratio</h3>

Using this formula

Variable expense ratio=Variable cost/Selling price

Where:

Variable cost=$2.43

Selling price=$9

Let plug in the formula

Variable expense ratio=2.43/9×100

Variable expense ratio=27%

Inconclusion the variable expense ratio for paprika is 27%.

Learn more about variable expense ratio here:brainly.com/question/15684424

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Answer:

The correct answer is Deceptive pricing.

Explanation:

The deceptive price occurs when companies intentionally cheat customers with price promotions, which in the end are not true. These practices, under the protection of marketing, seek to generate a desire in the buyer to take the items in "discount", either due to its upcoming expiration or simply by the inventory turnover.

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4 0
3 years ago
The controller for Clint Eastwood Co. is attempting to determine the amount of cash to be reported on its December 31, 2014, bal
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Answer:

The amount of $8,707,170 of cash and cash equivalents to be reported on Eastwood Co.

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8 0
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What's price in economics
irinina [24]

Answer:

the amount of money that has to be paid to acquire a given product.

<em>I hope this helps! ^^</em>

7 0
1 year ago
Read 2 more answers
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