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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

Inbound 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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