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15 January, 12:46

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?

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  1. 15 January, 13:01
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    revenue = $2000

    labor cost per worker working 40 hrs = 8. 40 = 320

    for 2 workers = 640

    as a % of revenue = (640. 100) / 2000 = 32%
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