Keta123456 Keta123456
  • 02-06-2017
  • Mathematics
contestada

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

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 02-06-2017
Hi there
First find the labor cost
$8/h * 80h = $640
labor cost as a percentage of revenue
$640 / $2000 = .32×100=32%

Hope it helps
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