Question: A restaurant budgets $ 1 7 , 1 0 0 in weekly labor cost and $ 3 8 , 0 0 0 in weekly sales.

A restaurant budgets $17,100 in weekly labor cost and $38,000 in weekly sales. Actual figures for that same week are $18,850 in weekly labor cost and $62,400 in weekly sales. What is the actual labor cost percent for the restaurant? Specify to two decimal points.

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