Answer:
$129 000/yr
Step-by-step explanation:
Weighted average is used to answer this question.
total employees are 20
10 employees make 80 000
total earning for 10 employees = 80 000 * 10 = 800 000 (multiplying)
6 employees make 150 000
total earning for 6 employees= 150 000 * 6 =900 000 (multiplying)
4 employees make 220 000
total earning for 4 employees = 220 000 * 4 = 880 000 (multiplying)
To calculate weighted average all the totals are added and then divide by total number of employees.
weighted average = (800 000 + 900 000 + 880 000)/20
weighted average = 2580000/20
Weighted average = 129 000
