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 wage required to hire 14 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 wage required to hire 14 employees is equal to:

Quizplus · Accepted Answer

The wage required to hire 14 employees is $9.00. This is because the TWC for 14 employees is $126.00, and the MFC for 14 employees is $46.50. The wage is calculated by dividing the TWC by the number of employees, which is $126.00 / 14 = $9.00.

Exhibit 11-11 Labor Wage and Cost Data -In Exhibit 11-11, the Wage Required to Hire 14 Employees