1. **State the problem:** A company produces 480 units in 8 hours. We need to find the production rate per hour. 2. **Formula:** Production rate per hour = \frac{\text{Total units produced}}{\text{Total hours}} 3. **Substitute the values:** $$\text{Production rate} = \frac{480}{8}$$ 4. **Simplify the fraction:** $$\text{Production rate} = \frac{\cancel{480}}{\cancel{8}} = 60$$ 5. **Interpretation:** The company produces 60 units per hour. **Final answer:** The production rate is **60 units per hour**.