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Jy Your Knowledge Apply Y 2. 1. From the s (Figure 8-5), the sample operating statement e 8-5), calculate the labor cost entage by taking total labor cost and viding by total sales x 100. Remember percentag the formula: Cost X 100 Sales Jy Your Knowledge Apply Y 2. 1. From the s (Figure 8-5), the sample operating statement e 8-5), calculate the labor cost entage by taking total labor cost and viding by total sales x 100. Remember percentag the formula: Cost X 100 Sales