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Situation: Labor Information Regular Rate $ 1 6 . 0 0 / hr Overtime Rate $ 2 3 . 5 0 / hr Targeted Labor

Situation: Labor Information
Regular Rate $16.00/hr
Overtime Rate $23.50/hr
Targeted Labor Cost $12,000/wk
Labor Hours Needed 750/wk
Any hour worked over 40 hrs/wk must be paid overtime rate. Question: How many workers are needed to meet the targeted labor cost?

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