If an operation achieved $8,000 in sales for one day and a labor cost of $1,760 for that same day, then the operation achieved a 22% labor cost.

Name: If an operation achieved $8,000 in sales for one day and a labor cost of $1,760 for that same day, then the operation achieved a 22% labor cost.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

To find the labor cost percentage, divide the labor cost by the total sales and then multiply by 100. So, $1,760 / $8,000 = 0.22, which when multiplied by 100 gives 22%.

If an Operation Achieved $8,000 in Sales for One Day