TB MC Qu. 13-133 (Algo) Use the following selected... Use the following selected information from Letterman Corporation to determine the Year 1 and Year 2 common size percentages for cost of goods sold using Net sales as the base. Multiple Choice 40.8\% for Year 2 and 29.6% for Year 1. 179.8\% for Year 2 and 211.4\% for Year 1. 123.7\% for Year 2 and 100.0\% for Year 1. 55.6% for Year 2 and 47.3% for Year 1. 7.5\% for Year 2 and 6.6% for Year 1