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Solve the following case: Suppose that a company X has the following cost components: - 150 employees. - The employees work 7 hours a day.
Solve the following case: Suppose that a company X has the following cost components: - 150 employees. - The employees work 7 hours a day. - They work 5 days a week. - The employees are paid 20 SAR per hour. - During the fiscal year 2019, all employees didn't work for 90 days out of 365 because of Covid 19. - The employees have received 2000 SAR for overtime. - The company have declared 70,000,000 SAR of net revenue during the same year. - Calculate the labor cost. - Calculate the labor cost percentage
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