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Posted on Nov 20, 2024

A restaurant budgets $ 1 5 , 1 0 0 in weekly labor cost and $ 4 5 , 0 0 0 in weekly sales.

A restaurant budgets $

15, 100

in weekly labor cost and $

45, 000

in weekly sales. Actual figures for that same week are $

16, 850

in weekly labor cost and $

48, 400

in weekly sales. What is the actual labor cost percent for the restaurant? Specify to two decimal points.

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