Find the average cost per calculator of the additional 340 calculators over 370.

Question

The cost of producing 370 calculators is $2675. Producing 710 Calculators would cost $4715. Find the average cost per calculator of the additional 340 calculators over 370. Answer: $_______ per calculator

Answer 1

This is pretty simple. First, find out what the additional total cost was beyond the initial 370 calculators. So take $4715 and subtract $2675 

4715-2675= $2040

Calculate how many additional calculators were produced beyond the 370. 710-370=340 calculators

 

$2040/340 = 102/17 =  $6 /calculator

Answer 2

The average cost will be ( $4715 - 2675 ) ÷ 340 = $2040 ÷ 340  = $6.00