A company is planning to manufacture snowboards. The fixed costs are $ 100$100 per day and total costs are $55005500 per day at

Question

4 years ago

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A company is planning to manufacture snowboards. The fixed costs are $ 100$100 per day and total costs are $55005500 per day at

a daily output of 20 boards. A. Assuming that the total cost per day, C(x), is linearly related to the total output per day, x, write an equation for the cost function.

Mathematics

1 answer:

Rama09 [41] · Answer 1 · 2022-01-21T19:58:17+03:00

Answer:

The equation for total cost function is

C(x)=100+270x

Step-by-step explanation:

Variable cost per per board =total cost per day-fixed cost per day/daily output

total cost per day is $5,500

fixed cost per day is $100

20 boards are produced per day

variable cost per board=($5,500-$100)/20=$270 per day

Total cost C(x)=fixed cost per day+ variable per board*number of daily output

Since daily output is represented also by x ,total cost function is given thus:

C(x)=100+270x

A company is planning to manufacture snowboards. The fixed costs are $ 100$100 per day and total costs are ​$55005500 per day at

A company is planning to manufacture snowboards. The fixed costs are $ 100$100 per day and total costs are $55005500 per day at