radomes.openskiesproject.org
CraigTucker
CraigTucker CraigTucker
  • 23-09-2015
  • Mathematics
Answered

If the Revenue for the week is $2000, and labor cost consists of two workers earning $8 per hour who work 40 hours each, what is labor cost as a percentage of Revenue?

Verified Answer :

W0lf93
W0lf93 W0lf93
  • 13-05-2017

1) First, you need to calculate the total labor cost: 2 workers $8/(hour) * 40 hour / worker = $640. 2) Second, now you can calculate how much percent is 640 of the revenue, 2000: [640 / 2000] 100 = 32%. 3) And the answer is that the labor cost is 32% of the revenue.

Answer Link

Related Questions

What does cultural identity refer to
The process occurring in the liver rids the bloodstream of 90 of the alcohol present and is a constant process
I need to know how to solve this
Which best completes the sentence This is the movie of the ones weve seen lately Abadder Bworse Cworst
Samuel Johnson did not publish a A Dictionary of the English Language b The Vicar of Wakefield c The Lives of the English Poets d Rasselas
Which type of colors cannot be created from a mixture of other hues and are the colors from which all other hues are derived a initial colors b original colors
when wind drops its load of sandit can form a hill called
30 of employees at a picnic ate a hotdog If 18 employees ate a hotdog how many people were at the picnic
Work out 23 X 2 plz help
Is lemon juice or orange juice more acidic Please explain