use the table of annual expenses to calculate the category expense contribution for services.\npayroll…

use the table of annual expenses to calculate the category expense contribution for services.\npayroll $129,874\nadvertising $6,761\nraw materials $87,369\nrent $21,222\ninsurance $3,789\nutilities $4,230\nservices $7,000\nround to the nearest whole percent.

use the table of annual expenses to calculate the category expense contribution for services.\npayroll $129,874\nadvertising $6,761\nraw materials $87,369\nrent $21,222\ninsurance $3,789\nutilities $4,230\nservices $7,000\nround to the nearest whole percent.

Answer

Explanation:

Step1: Calculate total expenses

$129874 + 6761+87369 + 21222+3789+4230+7000=260245$

Step2: Calculate percentage of services expense

$\frac{7000}{260245}\times100\approx 2.69%$

Step3: Round to nearest whole percent

$3%$

Answer:

$3%$