use the table of annual expenses to calculate the category expense contribution for rent. payroll $403,120…

use the table of annual expenses to calculate the category expense contribution for rent. payroll $403,120 advertising $8,532 raw materials $214,570 rent $51,440 insurance $8,111 utilities $12,804 services $6,880 ?% round to the nearest whole percent.

use the table of annual expenses to calculate the category expense contribution for rent. payroll $403,120 advertising $8,532 raw materials $214,570 rent $51,440 insurance $8,111 utilities $12,804 services $6,880 ?% round to the nearest whole percent.

Answer

Explanation:

Step1: Calculate total expenses

$403120 + 8532+214570 + 51440+8111+12804+6880=705457$

Step2: Calculate rent - contribution percentage

$\frac{51440}{705457}\times100\approx7.3%$

Step3: Round to nearest whole percent

$7%$

Answer:

$7%$