SOLUTION: Please help me with this word problem
A surfboard company has fixed costs of $300 per day. If they produce 20 boards in one day, their total cost is $5,100. Find the cost equation
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Please help me with this word problem
A surfboard company has fixed costs of $300 per day. If they produce 20 boards in one day, their total cost is $5,100. Find the cost equation
Log On
Question 62672: Please help me with this word problem
A surfboard company has fixed costs of $300 per day. If they produce 20 boards in one day, their total cost is $5,100. Find the cost equation.
You can put this solution on YOUR website! Fixed costs of the company = $ 300 per day
Number of boards produced = 20.
Let the variable cost for production of each board be $k
Total cost is given to be $ 5,100
The cost equation will be:
300 + 20k = 5100