Convert the Percent to a Reduced Fraction, Mixed Number, or Whole

question 119

Essay

Convert the percent to a reduced fraction, mixed number, or whole number: 8%

---

Definitions:

Indirect Materials

Materials used in the production process but not directly traceable to a finished product.

Work in Process

A stage in the production process that includes goods partially completed; not yet ready for sale.

Factory Overhead

Indirect costs incurred during the manufacturing process, such as utilities, maintenance, and salaries, that are not directly tied to production.

Direct Labor Costs

Wages and benefits paid to employees who are directly involved in the production of goods or services.