Labor Information Regular Rate 16 00 hr Overtime Rate 23 50 hr Targeted Labor Cost 12 000 wk Labor Hours Needed 750 wk Any hour worked over 40 hrs wk must be paid overtime rate a 14 person team how does the actual weekly labor cost compare to the target 16 over target 300 over target 1 160 over target 1 425 over target 5 625 over target
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