The Menswear Department of Major's Department Store Had Sales of $188,000

question 158

Multiple Choice

The Menswear Department of Major's Department Store had sales of $188,000, cost of goods sold of $132,500, indirect expenses of $13,250, and direct expenses of $27,500 for the current period. The Menswear Department's contribution to overhead as a percent of sales is:

• A) 66.7%.
• B) 7.8%.
• C) 29.5%.
• D) 85.4%.
• E) 14.9%.

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