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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?

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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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?

asked
User Sjs
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8.0k points

1 Answer

1 vote

8*40 = 320 * 2 = $640 for the 2 workers

640/2000 = 0.32

labor cost is 32% of the revenue

answered
User Amine Harbaoui
by
7.6k points
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