If you are paying three employees $9 per hour and the fence installation in Exercise requires 21 hours when all three employees are working, determine how much you will be required to pay in wages. What will be your gross profit on the job?
An acre of ground is a square piece of land that is 210 feet on each of the four equal sides. Fencing can be purchased in 50-foot rolls for $49 per roll. You are making a bid to install the fencing at a cost of $1 per foot of fencing plus the cost of materials. If the customer has bids of $1,700, $2,500, and $2,340 in addition to your bid, decide if your bid is the low bid for the job to determine if you will likely get the business.
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