Final answer:
To calculate the average monthly wage at ABC company, sum the total wages of all employees and divide by the total number of employees. The average monthly wage is approximately $808.53.
Step-by-step explanation:
The question asks us to calculate the average monthly wage of an ABC company employee. To find the average wage, we sum the total monthly wages for all employees and divide by the number of employees. The calculation is as follows:
- Manager: $1,320
- Accountant: $1,175
- 12 salespeople: 12 * $790 = $9,480
- 2 bookkeepers: 2 * $630 = $1,260
- Custodian: $510
Now, we add all these amounts together to get the total wages paid:
Total Wages = $1,320 + $1,175 + $9,480 + $1,260 + $510 = $13,745
Next, we calculate the number of employees:
Number of Employees = 1 (manager) + 1 (accountant) + 12 (salespeople) + 2 (bookkeepers) + 1 (custodian) = 17
Finally, we divide the total wages by the number of employees to find the average monthly wage: