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13 April, 12:07

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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  1. 13 April, 14:14
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    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%
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