Skill Check

The Smiths wish to purchase a larger house to

accommodate their growing family. The current year's

property tax on their home amounts to $$3658$ based on

its assessed value of $$425,000.$ The assessed value of a

property they are seriously considering is $$572,000.$ What

property tax can the Smiths expect to pay on this home if

property taxes are in the same ratio as assessed values?

ii$.$ Based on past experiefice, a manufacturing process

requires $4\mathrm{.}5$ hours of direct labour for each $$3000$ worth

of raw materials processed. If the company is planning to

consume $$150,500$ worth of raw materials, what total

amount should it budget for labour at $$27\mathrm{.}50$ per hour?