The total cost of a tablet device comprises the cost of the material, labor and overheads in the ratio of 2.3:1. The cost of the labor is $300. What is the total cost of the tablet?
1 Answer
Dec 16, 2016
The total cost of the tablet is $
Explanation:
From the ratio, the fraction of labor cost is
So, let the total cost of the tablet is $
So, labor cost
So, the total cost of the tablet is $