Multiple Choice
The Menswear Department of Major's Department Store had sales of $188,000,cost of goods sold of $132,500,indirect expenses of $13,250,and direct expenses of $27,500 for the current period.The Menswear Department's contribution to overhead as a percent of sales is:
A) 7.8%.
B) 14.9%.
C) 29.5%.
D) 66.7%.
E) 85.4%.
Correct Answer:
Verified
Correct Answer:
Verified
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