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Assume that total sales revenue for 2018 is projected to be $1,362,793. Assume also the following costs for Shannon's Brewery: Packaged(Cans & Bottles) $150,000 Kegs

Assume that total sales revenue for 2018 is projected to be $1,362,793. Assume also the following costs for Shannon's Brewery:

Packaged(Cans & Bottles)

$150,000

Kegs

$80,000

Shrinkage/WIPLoss

$42,000

ContractLabor

$9,000

DirectLabor

$240,000

Freight

$18,000

ConsumerAdvertising

$30,523

TradePromotion

$27,670

SalesPromotion

$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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