Question

A firm produces 16,200 units at a total cost of $37,585.60. Find the cost per unit to the nearest cent.

Answer 1

There are a total of 16 200 units with a total costs of 37 585.60 dollars. Now, Given with the choices for the answer, let's find out which one is correct. To be able to get the answer, simply divide the total costs, with the total number of units.  => 37 585.60 dollars  / 16 200 units  => 2.3201 dollars per unit.Next, we need to round this cents to the nearest given options.Since the number next to hundredths is less than 5 , the let's round it to : => 2.32. - this is the correct answer.