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April 28, 2015

Homework Help: Algebra HELP

Posted by Anonymous on Thursday, May 22, 2008 at 11:43pm.

I am resubmitting this in hopes that someone may point me in the right direction......
When managing a business, it is important to take inventory of where your money is spent. You have a monthly budget of $5,000. Refer to the table below and answer the questions that follow. Round your answers to the nearest tenth of a percent.
Category Cost Percentage
Labor $1,835 ?
Materials ? 18%
Rent/utilities ? 25%
Miscellaneous $1,015 ?
Total $5,000 100%
What percentage of the total monthly budget is spent on labor? 36.7%

What percentage of the total monthly budget is spent on miscellaneous items? 20.3%

How much do materials cost monthly? $900.00

How much do rent and utilities cost monthly? $1,250.00

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