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In a retail setting, payroll is often based on projected sales. If your payroll budget is 6% of projected sales of $3500.00 and your average employee earned $10.00 per hour, how many hours can you allocate for the day? *

35
58
21

Respuesta :

The maximum number of hours that can be allocated in a day is 21

Data given;

  • Sale = $3500
  • Employee pay = $10.00 per hour
  • Percentage allocated to employee = 6% of sales

Percentage

This is the process of finding a fraction of a value multiplied by 100.

Let's find the actual figure allocated to employee pay.

6% of $3500 is;

[tex]6/100 = x/ 3500\\x = 0.06*3500\\x = 210[/tex]

The percentage out of sale allocated for employee pay is $210

Now we know the actual amount allocated to employee pay and it is $210.

Divide the amount allocated to employee pay by $10:00 to find the actual hours we can allocate in a day.

[tex]y = 210/10 = 21[/tex]

The maximum number of hours we can allocate in a day is 21 hours.

Learn more on percentage here;

https://brainly.com/question/843074

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