0
If the revenue for the week is 2000 and labor cost consists of 2 workers earning 8 dollars a hour works 40 hours cost as a percentage of revenue?
To calculate the labor cost as a percentage of revenue, first determine the total labor cost. Two workers earning $8 per hour for 40 hours each results in a total labor cost of $640 (2 workers x $8 x 40 hours). To find the percentage, divide the labor cost by the revenue: ($640 / $2000) x 100, which equals 32%. Thus, the labor cost is 32% of the revenue.
What else can I help you with?
If 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?
If the Revenue for the week is 2000 and labor cost consists of two workers earning 8 per hour who work 40 hours each, the labor cost as a percentage is 68%.
If Revenue is 3.9 and GDP is 103.6 how do you get revenue as a percentage of GDP?
3.9/103.6*100.
Suppose that Algeria has a workforce of 9416534 each of whom earns an average annual salary of (equivalent US dollars) 6844. If the Algerian government wishes to raise 9 billion in tax revenue approxi?
To determine the tax rate needed to raise 9 billion dollars from a workforce of 9,416,534 individuals earning an average salary of 6,844 dollars, we first calculate the total salary paid to the workforce, which is approximately 64.4 billion dollars (9,416,534 x 6,844). To find the required tax rate, we divide the desired tax revenue (9 billion) by the total salary (64.4 billion), resulting in a tax rate of about 13.98%. Therefore, the Algerian government would need to implement a tax rate of approximately 14% on the workforce's salaries to achieve its revenue goal.
What is it called when price and total revenue move in the same direction?
When price and total revenue move in the same direction, it is referred to as inelastic demand. In this scenario, an increase in price leads to an increase in total revenue, or a decrease in price results in a decrease in total revenue. This typically occurs when the percentage change in quantity demanded is less than the percentage change in price.
What is the Concept of revenue?
Average revenue (AR): total revenue per unit of a product sold; Total revenue (TR): total number of dollars received by a firm or firm from the sale of a product; Marginal revenue (MR):additional revenue received result from the sale of an extra unit of product; Under perfect competition P=AR=MR and the firm's demand curve is flat.
If 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?
If the Revenue for the week is 2000 and labor cost consists of two workers earning 8 per hour who work 40 hours each, the labor cost as a percentage is 68%.
Is revenue the gross increase in equity from a company's earning activities?
Yes, revenue is the gross increase in equity from a company's earning activities.
Largest single source of the government earning from the tax revenue?
earning tax
the excess of revenue over the expenses incurred in earning the revenue is called capital?
False
What amount of revenue can a small business expect to get from AdSense?
The earning from Google AdSense depends on the number of visitors to the website of the small business. If the business runs an extremely popular website, it may be possible to receive thousands of dollars from it. Otherwise, the revenue may be low, raging from a few cents to tens of dollars.
I have net profit dollars how do you calculate net profit percntage?
(Net profit/Net Revenue) * 100 = Net Profit Percentage Ex: Net Revenue = 10,000 USD Expenditure = 7500 USD Profit = 2500 USD Profit Percentage = 2500/10000 * 100 = 25%
How do you write a policy on revenue minus expense?
By deducting expenses from revenue, the net earning of the company is ascertained.
How do you you calculate total revenue percentage?
You can calculate the total revenue percentage by substituting the variable X for the monthly revenue, the variable Y for the period of time, and then multiple these to solve for the total revenue percentage.
How housekeeping department contributes in earning hotel revenue?
Explain how the Housekeeping department contributes towards earning hotel revenue. Write your answer in 10 – 15 sentences.
How much did mayweather make for the marquez fight?
i think it was ten million dollars plus a percentage of the live gate and ppv revenue.
Does earning revenue affect the accounting equationig in it increases owner's equity?
yes, revenue is a part of the owner's equity
The largest revenue in India is obtained from?
Excise duties The largest revenue earning channel is Customs & Excise Duties in India's perspective.
