Use the information in the following table to compute each department’s contribution to overhead (both in dollars and as a percent). Which department contributes the largest dollar amount to total overhead? Which contributes the highest percent (as a percent of sales)? Round percents to one decimal.
|
Sales |
$53,000 |
$170,000 |
$84,000 |
|
Cost of goods sold |
34,185 |
103,700 |
49,560 |
|
|
|
|
|
|
Gross profit |
18,815 |
66,300 |
34,440 |
|
Total direct expenses |
6,360 |
37,060 |
8,736 |
|
|
|
|
|
|
Contribution to overhead |
$ |
$ |
$ |
|
Contribution percent |
% |
% |
% |