Question
Assume that total sales revenue for 2015 is projected to be $1,297,618. Assume also the following costs for Shannons Brewery: Packaged (Cans & Bottles) $124,372
Assume that total sales revenue for 2015 is projected to be $1,297,618. Assume also the following costs for Shannons Brewery:
| Packaged (Cans & Bottles) | $124,372 |
|
| Kegs | $83,314 |
|
| Shrinkage/WIP Loss | $42,000 | |
| Contract Labor | $9,000 | |
| Direct Labor | $240,000 | |
| Freight | $18,000 | |
| Consumer Advertising | $30,000 | |
| Trade Promotion | $30,000 | |
| Sales Promotion | $18,000 | |
| Salaries & Benefits | $180,000 |
Compute Shannons %NMC. Round your answer to the nearest percent. For example, if your computed answer is 99.4% your answer rounds down to 99%. If your computed answer is 99.5% you should round up to 100%. DO NOT INCLUDE THE % SIGN IN YOUR ANSWER.
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