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Cost of materials $28 per unit, rent $40,000, selling price per $80, cost of labor per unit $15,salaries $180,000. Calculate the Labor Cost as a percentage of Sales Revenue.

Cost of materials $28 per unit, rent $40,000, selling price per $80, cost of labor per unit $15,salaries $180,000. Calculate the Labor Cost as a percentage of Sales Revenue.

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 4CDQ: How would each of the following costs be classified if units produced is the activity base? a....
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Calculate the labor cost

Cost of materials $28 per unit, rent $40,000, selling price per $80, cost of labor per unit $15,salaries $180,000. Calculate the Labor Cost as a percentage of Sales Revenue.
Transcribed Image Text:Cost of materials $28 per unit, rent $40,000, selling price per $80, cost of labor per unit $15,salaries $180,000. Calculate the Labor Cost as a percentage of Sales Revenue.
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