You can
put this solution on YOUR website!Ok... the total cost of producing 5,000 skateboards would be:
C(5000) = 5.75(5000) + 34,200
C(5000)= 28,750+34200
Cost of producing 5,000 skateboards= $62,950
Avg. cost per skateboard = 62950/5000= $12.59
Ok now for producing 50,000 skateboards... i hope you are understanding what I am doing:
c(50000)= 5.75(50000)+ 34,200
C(50000)= 287500+ 34200
Cost of producing 50,000 skateboards= 321,700
Avg. cost per bike= 321,700/ 50,000= $6.434= $6.43
I think my answers are correct but you may want to make sure.