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Assume that total sales revenue for 2018 is projected to be $1,320,271. Assume also the following costs for Shannon's Brewery: Packaged (Cans & Bottles)
Assume that total sales revenue for 2018 is projected to be $1,320,271. Assume also the following costs for Shannon's Brewery: Packaged (Cans & Bottles) $150,000 Kegs $80,000 Shrinkage/WIP Loss $42,000 Contract Labor $9,000 Direct Labor $240,000 Freight $18,000 Consumer Advertising $26,850 Trade Promotion $31,761 Sales Promotion $18,000 Salaries & Benefits $180,000 Compute Shannon's %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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