The cost of producing key chains with the company logo printed on them consists of a onetime setup fee of $205.00 plus $0.70 fo
r each key chain produced. This cost can be calculated using the formula C=205.00+0.70p, where p represents the number of key chains produced and C is the cost. Use the formula to calculate the cost of producing 1700 key chains
Simply add in the known information. To find the cost of 1700 key chains, substitute it for p in the equation, like this: C=205.00+0.70(1700) and solve.
