Question

the total cost for a job is 1,766. the cost for material is 847.00 . 3 employees are paid 8 dollars an hour for 22 hours of work. what is your profit

Answer 1

Total cost= 1766

Material cost=847

3 employees are paid 8 dollars an hour for 22 hours so
Labor cost=8×22=176

Profit=total cost-(material cost+labor cost)
Profit=1,766−(847+176)=743