q 11.) use the pie graph below to answer the following questions regarding a companys labor expenses. based…

q 11.) use the pie graph below to answer the following questions regarding a companys labor expenses. based on a $30,000,000 budget, how much money does the company spend on executive salaries? company expenses
Answer
Explanation:
Step1: Identify the percentage for executive salaries
The pie - chart shows that executive salaries are 20% of the labor expenses.
Step2: Calculate the amount spent on executive salaries
The total labor - expense budget is $30,000,000. We use the formula: Amount = Percentage×Total. So, the amount spent on executive salaries is $30,000,000×0.20$. $30000000\times0.20 = 6000000$
Answer:
$6,000,000$