Question
What is unit cost for a company if it is
2.5 hours for $8
2.5 hours for $8
Answers
GPT-4o mini
To calculate the unit cost, you need to determine the cost per hour. In this case, you have a total of 2.5 hours at a total cost of $8.
The formula for unit cost is:
\[
\text{Unit Cost} = \frac{\text{Total Cost}}{\text{Total Hours}}
\]
Plugging in the values:
\[
\text{Unit Cost} = \frac{8}{2.5} = 3.2
\]
So, the unit cost is $3.20 per hour.
The formula for unit cost is:
\[
\text{Unit Cost} = \frac{\text{Total Cost}}{\text{Total Hours}}
\]
Plugging in the values:
\[
\text{Unit Cost} = \frac{8}{2.5} = 3.2
\]
So, the unit cost is $3.20 per hour.