answersLogoWhite

0

Total amount spent = $ 240000

% to be spent on Labor = 40%

Amount to be spent on labor = 240000 * (40/100) = 96000

The company will spend $96000 on Labor.

User Avatar

Wiki User

14y ago

What else can I help you with?

Continue Learning about Math & Arithmetic

In 2000 18 percent of men were outside the labor force what percent of women were outside labor force in 2000?

30 percent


What would be labors first step in solving labor problems and effecting change?

In the United States, using the term "solving labor problems" usually means that workers in a particular company belong to a Labor Union. If that's the case than normally there is a grievance procedure worked out by the union & the company. If the labor problem is over wages, and or the negotiation of a new labor-company agreement, then normally a date is set for the union & the company to negotiate a new wage and probably new benefits package for the company and its workers.


What is an average construction labor cost per hour?

The average construction labor cost per hour is around 30 dollars an hour. This is what a qualified and seasoned worker makes.


When According to the Bureau of Labor Statistics housing represents what percent of the monthly budget of most Americans?

34 %. A+


What causes a favourable labor rate variance?

A favorable labor rate variance occurs when the actual labor rate paid to employees is lower than the standard or expected labor rate. This can be caused by various factors, such as hiring more skilled workers at lower wages, effective negotiation of labor contracts, or a reduction in overtime pay. Additionally, it may result from favorable economic conditions that allow the company to attract talent at lower costs. Overall, it indicates cost savings for the company in labor expenditures.