If the revenue for the week is $2000, and labor consists of two workers earning $8.00 per hourwho worked 40 each, what is labor cost as a percentage of revenue?

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asked May 26, 2017 160k views

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Ardenne · Answer 1 · 2017-06-01T20:08:30+0000

Labor costs of the workers at $8 per hour working 40 hours each=$640
Revenue for the week=$2000
therefore labor cost as a percentage of revenue would be=32%

If the revenue for the week is $2000, and labor consists of two workers earning $8.00 per hourwho worked 40 each, what is labor cost as a percentage of revenue?

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