Multiple Choice
The three components of compound growth are money, time, and which of the following?
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4. Merchandising Operations
Net Sales
Multiple Choice
If a technician charges customers at a rate of \$65.50 per hour and the total net sales for a job are \$327.50, how many hours did the technician work?
A
8 hours
B
7 hours
C
6 hours
D
5 hours
Verified step by step guidance1
Step 1: Identify the hourly rate charged by the technician, which is \$65.50 per hour.
Step 2: Identify the total net sales for the job, which is \$327.50.
Step 3: Use the formula to calculate the number of hours worked: \( \text{Hours Worked} = \frac{\text{Total Net Sales}}{\text{Hourly Rate}} \).
Step 4: Substitute the given values into the formula: \( \text{Hours Worked} = \frac{327.50}{65.50} \).
Step 5: Perform the division to determine the number of hours worked, ensuring the result matches one of the provided options.
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