88. mahlon interiors, inc. has annual sales of $50,000. the company has the following expenses: advertising…

88. mahlon interiors, inc. has annual sales of $50,000. the company has the following expenses: advertising expense - $3,000 insurance expense - $3,500 rent expense - $8,000 supplies expense - $2,000 utilities expense - $1,250 what is the component percentage for total expenses?

88. mahlon interiors, inc. has annual sales of $50,000. the company has the following expenses: advertising expense - $3,000 insurance expense - $3,500 rent expense - $8,000 supplies expense - $2,000 utilities expense - $1,250 what is the component percentage for total expenses?

Answer

Explanation:

Step1: Calculate total expenses

$3000 + 3500+8000 + 2000+1250=17750$

Step2: Calculate component percentage

The component percentage of total expenses with respect to sales is $\frac{17750}{50000}\times100% = 35.5%$

Answer:

$35.5%$