PIA Ratios Survey Shows Profits Up Slightly

Paper alone consumed more than one-in-five sales dollars last year. Other major costs incurred by printers included factory payroll at 24.8 percent of sales (down from 24.9 percent in 2010), factory expenses at 17.6 percent of sales (down from 18.0 percent in 2010), and administrative and selling expenses at 19.6 percent of sales (up from 19.4 percent in 2010).