Sunday 17 April 2022

The Menswear Department of Nancy‘s Department Store had sales of $191,000, cost of goods sold of $134,000, indirect expenses of $13,550, and direct expenses of $27,800 for the current period. What is the Menswear Department's contribution to overhead?

 The Menswear Department of Nancy‘s Department Store had sales of $191,000, cost of goods sold of $134,000, indirect expenses of $13,550, and direct expenses of $27,800 for the current period. What is the Menswear Department's contribution to overhead?
 
multiple choice
$29,200 Correct
$57,000
$177,450
$15,650

Explanation
Department contribution to overhead = Sales of $191,000 − Cost of goods sold of 134,000 − Direct expenses of $27,800 = $29,200.

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