Business Finance
Business and Finance

Question Description

I’m studying and need help with a Business question to help me learn.

A fence cost $1759, material cost $838. If you are paying 3 employees $6 per hour, and fence installation requires 29 hours when all employees are working. How much is wages? What will be your gross profit on the job? Round to nearest cent

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Final Answer

Fence Cost  1759

Materials Cost     838

Wages  3*6*29 =522

Gross Profit   1759 –(838+522) =1759-1360 =399

Wages = $522

madhavant (2757)
Purdue University

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