Set up the cost equation C(h) where h is the number of labor hours:
C(h) = Labor Cost per hour * h + Parts Cost
We're given C(h) = 553, Parts Cost = 265, and Labor Cost per Hour = 48. So we plug these in:
48h + 265 = 553
To solve this equation for h, we type it in our math engine and we get:
h = 6 hours
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