Please help asap Assume that total sales revenue for 2018 is projected to be $1,290,518. Assume also the followingcosts for Shannon's Brewery:Packaged (Cans & Bottles)KegsShrinkage/WIP LossContract LaborDirect LaborFreightConsumer AdvertisingTrade PromotionSales PromotionSalaries & Benefits$150,000$80,000$42,000$9,000$240,000$18,000$27,561$31,125$18,000$180,000Compute Shannon's %NMC. Round your answer to the nearest percent. For example, if yourcomputed answer is 99.4% your answer rounds down to 99%. If your computed answer is 99.5%you should round up to 100%. DO NOT INCLUDE THE % SIGN IN YOUR ANSWER.

Given, Total sales revenue = $1,290,518 NMC = Net Market Contribution / Total sales revenue Net…

Answered: Assume that total sales revenue for…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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