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1 answer:
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Answer:
m = 4
Step-by-step explanation:
Given
- 8 + 6m = (4m + 16) ← distribute parenthesis
- 8 + 6m = 2m + 8 ( subtract 2m from both sides )
- 8 + 4m = 8 ( add 8 to both sides )
4m = 16 ( divide both sides by 4 )
m = 4
So,
All you have to do is find the total labor cost and put it over the revenue.
We have two workers each earning $8/hr. (lousy), and they work 40 hrs./week.
2 * $8 = $16/hr.
$16/hr. * 40 hrs. = $640
Cross out zeros.
Simplify.
Convert the denominator to 100.
=
32%
The labor cost is 32% of the revenue.
All you have to do is find the total labor cost and put it over the revenue.
We have two workers each earning $8/hr. (lousy), and they work 40 hrs./week.
2 * $8 = $16/hr.
$16/hr. * 40 hrs. = $640
Cross out zeros.
Simplify.
Convert the denominator to 100.
=
32%
The labor cost is 32% of the revenue.