
Bradford T. answered 11/05/22
Retired Engineer / Upper level math instructor
Avg = Total Cost / Number of parts = (300+324)/(100+104) = 624/204 ≈ $3.06 per part
Emma W.
asked 11/05/22The cost of manufacturing a molded part is related to the quantity produced during a production run. When 100 parts are produced, the cost is $300. When $104 parts are produced, the cost is $324. What is the average cost per part?
Bradford T. answered 11/05/22
Retired Engineer / Upper level math instructor
Avg = Total Cost / Number of parts = (300+324)/(100+104) = 624/204 ≈ $3.06 per part
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