Sautter Advertising pays Jack Smith $$101,760$ per year.

Requirements

What is the hourly cost to Sautter Advertising of employing Smith? Assume a $40-$hour week and a $48-$week year.

What direct labor cost would be assigned to Client $507$ if Smith works $11$ hours to prepare Client $507\text{'}$s magazine ad$?$

Requirement $1.$ What is the hourly cost to Sautter Advertising of employing Smith? Assume a $40-$hour week and $48-$week year.

Select the formula below that Sautter Advertising would use to calculate the hourly cost and complete the formula. $($Round the hourly cost to the nearest cent.$)$

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