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

use the table of annual expenses to calculate the category expense contribution for services. payroll $393,110 advertising $8,252 raw materials $224,250 rent $41,345 insurance $8,010 utilities $12,500 services $7,250 ?% round to the nearest whole percent.

use the table of annual expenses to calculate the category expense contribution for services. payroll $393,110 advertising $8,252 raw materials $224,250 rent $41,345 insurance $8,010 utilities $12,500 services $7,250 ?% round to the nearest whole percent.

Answer

Explanation:

Step1: Calculate total expenses

$393110 + 8252+224250 + 41345+8010+12500+7250=704717$

Step2: Calculate percentage of services expense

$\frac{7250}{704717}\times100\approx1.03%$

Step3: Round to nearest whole percent

$1%$

Answer:

$1%$