Question

What is the hourly compensation per worker for a company with a unit labor cost of 0.9 and an hourly output per worker of $32.50? Math question Please help

Answer 1

Hourly compensation per worker for the company is $36.11

Explanation:

We are given the following in the question:

Unit labor cost, U = 0.9

Hourly output per worker, O = $32.50

We have to find the hourly compensation per worker for a company.

Relation:

`U= (O)/(W)`

where,

U = unit labor cost

W = hourly compensation per worker

O = hourly output per worker

Putting values, we get,

`0.9 = (32.50)/(W)\\\\W = (32.50)/(0.9) \approx 36.11`

Thus, hourly compensation per worker for the company is $36.11