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

use the table of annual expenses to calculate the category expense contribution for raw materials. 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 raw materials. 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 raw - materials contribution

$\frac{214570}{705457}\times100\approx30.415%$

Step3: Round to nearest whole percent

$30%$

Answer:

$30%$