Question

A stadium incurs a number of costs to accommodate fans. If a stadium pays $16,000 for labor, $55,000 for leasing parking space, and $60,000 to provide busing to and from the parking areas, what percentage costs for labor, leasing, and busing as a percentage of total costs?

Answer 1

Answer:

12. 21 % ; 41.98 % and  45.80 % as below

Explanation:

Total cost for the stadium is

labor $      $16,000

leasing the parking fee   $55,000

Busing to and from   $60,000

Total cost     $131,000

Percentage per item

1. labor = 16000/131000 x 100

  =12.21 percent

2.leasing parking space= 55000/131000 x 100

     =41. 98 percent

3.Parking space= 60,000/131000x100

   =45.80 percent