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Problem 19 - Entrance Test

A company has 15 employees and each employee works 8 hours a day. If the daily wage per employee is $10 per hour, what is the total daily labor cost?

Correct: B

Each employee works 8 hours a day at $10 per hour, so the daily wage per employee is 8 hours * $10/hour = $80. With 15 employees, the total daily labor cost is 15 employees * $80/employee = $1200.