The cost to produce one compact disc is $1.75 plus a one time fixed cost of $2900. the revenue received from selling one compact disc is $10. write a formula that gives the cost C of producing x compact discs. Be sure to include the fixed cost.
The formula that gives the cost C of producing x compact discs is:
C = (1.75 * x) + 2900
To write a formula that gives the cost, C, of producing x compact discs, we need to consider two components: the variable cost per unit and the fixed cost.
The variable cost per unit is given as $1.75. This means that for each compact disc produced, the variable cost is $1.75.
The fixed cost is a one-time cost of $2900. This cost remains the same regardless of the number of compact discs produced.
To incorporate both the variable cost and the fixed cost into the formula, we can use the following equation:
C = (Variable cost per unit * Number of units) + Fixed cost
Substituting the given values, the formula becomes:
C = (1.75 * x) + 2900
This formula can be used to calculate the cost, C, of producing x compact discs, taking into account both the variable and fixed costs.
To calculate the cost (C) of producing x compact discs, we need to take into account both the variable cost per disc and the fixed cost.
The variable cost per disc is $1.75, and the fixed cost is $2900. Since the fixed cost is only incurred once and does not depend on the number of discs produced, we can simply add it to the product of the variable cost per disc and the number of discs produced.
The formula is as follows:
C = $1.75x + $2900
Where:
C = Cost of producing x compact discs
x = Number of compact discs produced