Sea Side Enterprises is trying to predict the cost associated with producing its anchors. At a production level of 5300 anchors, Sea Side Enterprises' average cost per anchor is $57. What is the total cost of producing 5300 anchors?
A)$302,100
B)$5357
C)$57
D)$114

Question

Quizplus · Accepted Answer

The total cost of producing 5300 anchors can be found by multiplying the average cost per anchor ($57) by the number of anchors (5300):
$57 x 5300 = $302,100. Therefore, the correct answer is (A).

Sea Side Enterprises Is Trying to Predict the Cost Associated