SOLUTION: 1. If the fixed cost is $210.00 and the variables cost $30.00. The cost equation is: C=30x + 210--- is this correct? 2. What is the cost of producing 37 items? ___________ (fil

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: 1. If the fixed cost is $210.00 and the variables cost $30.00. The cost equation is: C=30x + 210--- is this correct? 2. What is the cost of producing 37 items? ___________ (fil      Log On


   

Question 116533: 1. If the fixed cost is $210.00 and the variables cost $30.00.
The cost equation is: C=30x + 210--- is this correct?
2. What is the cost of producing 37 items? ___________ (fill in the blank.)
3. If the budget is limited to $3589.42 how many items can be made?_______ items. Fill in the blanks.
For question 2 & 3 use the numbers thats on the 1st question. My answer for the 2nd, I got $1320.00? is this correct? and 3rd is 113 items? is this correct?
Thank you...
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
# 1 and # 2 are correct
I think a better answer for #3 would be 112.
The equation leads to an answer of 112.6473
but you cannot have 0.6473 of an item.
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Cheers,
Stan H.