The Tools Plus Company is planning to produce drills. The company has rented space for its manufacturing operation at $5,000 per month. Each drill requires $49 worth of materials and SAs worth of labor. Find the total cost if Tools Plus Company makes
370 drills.
To calculate the total cost, we need to determine the cost of materials and labor, as well as the cost of renting the space.
Cost of materials per drill: $49
Number of drills: 370
Total cost of materials: $49 * 370 = $<<49*370=18130>>18,130
Cost of labor per drill: SA
Total cost of labor: SA * 370
Renting cost per month: $5,000
Total cost = Cost of materials + Cost of labor + Renting cost
Total cost = $18,130 + (SA * 370) + $5,000
Without knowing the value of SA, we cannot determine the total cost of producing 370 drills.