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The Footwear Department of Lee's Department Store had sales of $196,000, cost of goods sold of $136,500, indirect expenses of $14,050, and direct expenses of
The Footwear Department of Lee's Department Store had sales of $196,000, cost of goods sold of $136,500, indirect expenses of $14,050, and direct expenses of $28,300 for the current period. The Footwear Department's contribution to overhead as a percent of sales is: 30.36%. 8.75%. 85.56%. 68.97%. 15.92%.
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