Question

A firm produces 19,200 units at a total cost of $67,585.06. Find the cost per unit to the nearest cent.

Answer 1

Answer:  $3.52 or 352 cents.

Step-by-step explanation:

Given: The total number of units = 19,200

The total cost of 19,200 units = $67,585.06

To find the cost of each unit , we need to divide the total cost by the total number of units , we get

The cost of each unit =$\frac{\text{67,585.06}}{\tex{19,200}}$

⇒The cost of each unit =$\ \ 3.52$

In cents $\ \ 3.52\times100=352\text{ cents}$

Hence, the cost per unit is $3.52 or 352 cents.

Answer 2

67,585.06 / 19,200 
=3.52

Therefore each unit costs $3.50.