Question

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%.

Answer

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