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 $282,564 advertising $6,498 raw materials $174,623 rent $47,968 insurance $5,137 utilities $11,690 services $7,600 ?% round to the nearest whole percent.

use the table of annual expenses to calculate the category expense contribution for services. payroll $282,564 advertising $6,498 raw materials $174,623 rent $47,968 insurance $5,137 utilities $11,690 services $7,600 ?% round to the nearest whole percent.

Answer

Explanation:

Step1: Calculate total expenses

$282564 + 6498+174623 + 47968+5137+11690+7600=535080$

Step2: Calculate percentage of services expense

$\frac{7600}{535080}\times100\approx1.42%$

Step3: Round to nearest whole percent

Rounding $1.42%$ gives $1%$

Answer:

$1%$