Find the cost per ounce of a gold alloy made from 15 oz of pure gold that costs $1282 per ounce and 40 oz of an alloy that costs $950 per ounce. (Round your answer to the nearest cent.)

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Find the cost per ounce of a gold alloy made from 15 oz of pure gold that costs $1282 per ounce and 40 oz of an alloy that costs $950 per ounce. (Round your answer to the nearest cent.)

Answer 1

15(1282) + 40(950) = 55x

11x =3(1282) + 8(950) = 3846 + 7600=11446

x= $1,040.56