Calculate the category expense contribution for insurance. PayrollAdvertisingInsuranceUtilitiesServicesRaw Materials $214,570Rent$51,440$8,111$12,804$6,880A. 30%$403,120 Use the table of annual$8,532expenses to calculatethe category expensecontribution forinsurance.C. 1%B. 5%D.,2%

A business has to make numerous expenses in order to make revenue. The costs can be in the form of…

Answered: Payroll Advertising Raw Materials Rent…

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter15: Using Management And Accounting Information

Section: Chapter Questions

Problem 3DQ

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Payroll Advertising Raw Materials Rent Insurance Utilities Services A. 30% C. 1% $403,120 Use the table of annual $8.532 $214,570 $51,440 $8,111 $12,804 $6,880 expenses to calculate the category expense contribution for insurance. B. 5% D.,2%