Question
Assume that total sales revenue for 2018 is projected to be $1,320,271. Assume also the following costs for Shannons Brewery: Packaged (Cans & Bottles) $150,000
Assume that total sales revenue for 2018 is projected to be $1,320,271. Assume also the following costs for Shannons 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 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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