Exhibit 11-11 Labor wage and cost data $$\begin{array} { | c | c | c | c | }
\hline \text { Labor } & \text { Wage } & \text { TWC } & \text { MFC } \
\hline 10 & \$ & \$ 50.00 & \$ \
11 & 5.80 & & \
12 & & & 17.80 \
13 & & 102.70 & \
14 & & 126.00 & \
15 & & & 46.50 \
\hline
\end{array}$$
-In Exhibit 11-11, the total wage cost of hiring 15 employees is equal to:

Question

Exhibit 11-11 Labor wage and cost data $$\begin{array} { | c | c | c | c | } 
\hline \text { Labor } & \text { Wage } & \text { TWC } & \text { MFC } \
\hline 10 & \$ & \$ 50.00 & \$ \
11 & 5.80 & & \
12 & & & 17.80 \
13 & & 102.70 & \
14 & & 126.00 & \
15 & & & 46.50 \
\hline
\end{array}$$
-In Exhibit 11-11, the total wage cost of hiring 15 employees is equal to:

Quizplus · Accepted Answer

The total wage cost (TWC) for 15 employees is calculated by adding the marginal factor cost (MFC) for each additional employee starting from the base TWC at 10 employees. The TWC at 14 employees is $126.00, and the MFC for the 15th employee is $46.50, so the TWC for 15 employees is $126.00 + $46.50 = $172.50.

Exhibit 11-11 Labor Wage and Cost Data -In Exhibit 11-11, the Total Wage Cost of Hiring 15