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

use the table of annual expenses to calculate the category expense contribution for utilities.\npayroll $282,564\nadvertising $6,498\nraw materials $174,623\nrent $47,968\ninsurance $5,137\nutilities $11,690\nservices $7,600\n?% round to the nearest whole percent.

use the table of annual expenses to calculate the category expense contribution for utilities.\npayroll $282,564\nadvertising $6,498\nraw materials $174,623\nrent $47,968\ninsurance $5,137\nutilities $11,690\nservices $7,600\n?% round to the nearest whole percent.

Answer

Explanation:

Step1: Calculate total expenses

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

Step2: Calculate utilities percentage

$\frac{11690}{535080}\times100\approx 2.18%$

Step3: Round to nearest whole percent

Rounding $2.18%$ to the nearest whole percent gives $2%$

Answer:

$2%$