Hello there :-)
Total cost of job=
retail price of parts+overhead+cost of labor
overhead= cost of labor×overhead rate
Find labor cost
Let labor cost be x
242.58=98.7+0.65x+x
Solve for x
X=87.2. This is labor cost
Now find hourly labor cost
87.2÷8=10.9
Hope it helps
Answer:
144,003.3
Step-by-step explanation:
Answer:
is it asking which one is a y coordinate?
Answer:
![Var= 2.64](https://tex.z-dn.net/?f=Var%3D%202.64)
Step-by-step explanation:
Given
---Proportion
--- Sample Size
Required
Determine the variance
Variance (Var) is calculated as follows;
![Var= np(1 - p)](https://tex.z-dn.net/?f=Var%3D%20np%281%20-%20p%29)
Substitute values for n and p
![Var= 11 * 60\% * (1 - 60\%)](https://tex.z-dn.net/?f=Var%3D%2011%20%2A%2060%5C%25%20%2A%20%281%20-%2060%5C%25%29)
Convert percentage to decimal
![Var= 11 * 0.60 * (1 - 0.60)](https://tex.z-dn.net/?f=Var%3D%2011%20%2A%200.60%20%2A%20%281%20-%200.60%29)
![Var= 11 * 0.60 * 0.40](https://tex.z-dn.net/?f=Var%3D%2011%20%2A%200.60%20%2A%200.40)
![Var= 2.64](https://tex.z-dn.net/?f=Var%3D%202.64)
<em>Hence, the variance is 2.64</em>