Answer: Therefore, the total cost incurred per month is;
C(x) = 14,200 + 0.7x dollars
Step-by-step explanation:
Given;
Fixed cost Cf = $14,200 per month
variable cost = 70cent/disc
Number of disc manufactured per month = x disc/month.
The total variable cost in a month can be given as;
Cv = 70cent/disc × x disc/month
Cv = 70x cent/month × 1/100cent/dollar
Cv = 0.7x dollar/month
Total cost C = Fixed cost + variable cost
C = Cf + Cv
Substituting the values, we have;
C(x) = 14,200 + 0.7x dollars/month
