Solve the problem.
-The cost of manufacturing a molded part is related to the quantity of parts produced during a production run. When 100 parts are produced, the cost is $300. When 300 parts are produced, the cost is $1900. What is the
Average cost per part?
A) $0.13 per part
B) $8.00 per part
C) $9.00 per part
D) $5.33 per part

Question

Quizplus · Accepted Answer

The total cost for 100 parts is $300, which means the average cost per part is $300/100 = $3.00. For 300 parts, the total cost is $1900, so the average cost per part is $1900/300 = $6.33. However, the question seems to ask for the overall average cost across both production runs, which is the total cost ($300 + $1900 = $2200) divided by the total number of parts (100 + 300 = 400), resulting in an average cost of $2200/400 = $5.50 per part. None of the provided options accurately reflect this calculation, suggesting a possible misunderstanding in the interpretation of the question. Given the options, $8.00 per part (B) is the closest to any reasonable calculation based on the provided information, but it's important to note that this does not accurately reflect the calculations as understood from the given data.

Solve the Problem. -The Cost of Manufacturing a Molded Part Is Related to Is