Solved

A Machine Shop Has a Setup Cost of $3900 for the Production

Question 34

Multiple Choice

A machine shop has a setup cost of $3900 for the production of a new product. The cost, C, of labor and material for producing each unit is $7.25. The average cost function for producing x units is given by Cˉ=C\bar { C } = C . Find Cˉ(130) \bar { C } ( 130 ) .


A) $37.25 per unit
B) $51.625 per unit
C) $23.625 per unit
D) $55.625 per unit
E) $22.625 per unit

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents