A company that manufactures hiking boots produces 100 pairs of boots each day. The total daily production costs are $9,400, whic
h include the cost of producing the boots plus $400 of fixed costs per day. Which of the following equations represents the daily production cost based on the number of pairs of boots manufactured?
(Let C(x) represent the daily production cost and x represent the number of pairs of boots manufactured.)
A. C(x) = 90x + 400
B. C(x) = 94x
C. C(x) = 100x + 400
D. C(x) = 90x - 400
(Let C(x) represent the daily production cost and x represent the number of pairs of boots manufactured.)
A. C(x) = 90x + 400
B. C(x) = 94x
C. C(x) = 100x + 400
D. C(x) = 90x - 400
1 answer:
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Answer:
<h2>✒️Answer:</h2><u>Two conditions must be satisfied. First, the revenue must be earned, which typically means that the customer has received the good or service. Second, the revenue must have been realized or realizable, implying that the customer has paid or is expected to pay for the merchandise.</u>
Step-by-step explanation:
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