Asked by Anonymous
Can someone look over this and advise me if these are wrong?
When managing a business, it is important to take inventory of where your money is spent. You have a monthly budget of $5,000. Refer to the table below and answer the questions that follow. Round your answers to the nearest tenth of a percent.
Category Cost Percentage
Labor $1,835 ?
Materials ? 18%
Rent/utilities ? 25%
Miscellaneous $1,015 ?
Total $5,000 100%
a) What percentage of the total monthly budget is spent on labor? 36.7%
b) What percentage of the total monthly budget is spent on miscellaneous items? 20.3%
c) How much do materials cost monthly? $900.00
d) How much do rent and utilities cost monthly? $1,250.00
When managing a business, it is important to take inventory of where your money is spent. You have a monthly budget of $5,000. Refer to the table below and answer the questions that follow. Round your answers to the nearest tenth of a percent.
Category Cost Percentage
Labor $1,835 ?
Materials ? 18%
Rent/utilities ? 25%
Miscellaneous $1,015 ?
Total $5,000 100%
a) What percentage of the total monthly budget is spent on labor? 36.7%
b) What percentage of the total monthly budget is spent on miscellaneous items? 20.3%
c) How much do materials cost monthly? $900.00
d) How much do rent and utilities cost monthly? $1,250.00
Answers
Answered by
drwls
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