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Regular Rate $ 1 6 . 0 0 / hrOvertime Rate $ 2 3 . 5 0 / hrTargeted Labor Cost $ 1 2 ,

Regular Rate $16.00/hrOvertime Rate $23.50/hrTargeted Labor Cost $12,000/wkLabor Hours Needed 750/wkAny hour worked over 40 hrs/wk must be paid overtime rate. How many workers are needed to meet the targeted labor cost?

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