Need help figuring out percentage?
By what percentage would the total expenditures increase over the Q3 forecast if wages/salaries were reduced 10% and utilities increased 40%?
Advertising $1,900.00
Rent and Rates $2,340.00
Wages/Salaries $6,430.00
Maintenance $580.00
Insurance $580.00
Utilities $2,780.00
Total Expenses $14,610.00
Total Sales $21,610.00
Written by Polgaro in Mathematics
Better Answer
total expenses = 14610
14610 - 6430 - 2780 = 5400
wages reduced 10%
6430 * .9 = 5787
utilities increased 40%
2780 * 1.4 = 3892
new total expenses
5400 + 5787 + 3892 = 15079
14610 + 14610x = 15079
14610x = 469
x = 0.03210130047912388774811772758385
expense increase is 3.21%
Written by David
Other Answers
total expenses = 14610
14610 - 6430 - 2780 = 5400
wages reduced 10%
6430 * .9 = 5787
utilities increased 40%
2780 * 1.4 = 3892
new total expenses
5400 + 5787 + 3892 = 15079
14610 + 14610x = 15079
14610x = 469
x = 0.03210130047912388774811772758385
expense increase is 3.21%
Written by David