Problema Solution
The stadium incurs a number of costs to accommodate fans. If the stadium pays $14,000 for labor, $45,000 for leasing parking space, and $57,000 to provide busing to and from the parking areas, what are the percentage costs for labor, leasing, and busing as a percentage of total costs? (Round to the nearest percent.)
Answer provided by our tutors
total costs = costs for labor + cost for leasing + cost for busing
total costs = $14,000 + $45,000 + $57,000
total costs = $116,000
the percentage costs for labor as a percentage of total costs is:
(costs for labor/total cost)*100
(14,000/116,000)*100 = 12%
the percentage costs for busing as a percentage of total costs is:
(costs for busing/total cost)*100
(45,000/116,000)*100 = 39%
the percentage costs for leasing as a percentage of total costs is:
(costs for leasing/total cost)*100
(57,000/116,000)*100 = 49%