Ultimo Co. operates three production departments as profit centers. The following Information is available for its most recent year. Department 1's contribution to overhead as a percent of sales is: Cost of Goods Direct Dept. Sales Sold Expenses Indirect Expenses 1 $1,030,000 $703,000 $100,400 $ 83,000 2 430,000 153,000 43,000 103,000 3 730,000 303,000 153,000 23,000 Multiple Choice 54.1% 22.0% 35.3% 320%