Question

A small company is creating a new product to sell to buyers. They have estimated that it will cost them $6 to produce each item and they will have start-up costs of $242000. This lead

to the following expression, which gives the total cost, in dollars, to produce q of these new products:
69 +212000
Use this expression to predict how much it will cost them to produce 17600 items.
Answer: It will cost them
dollars to produce 17600 items. (Do NOT include a dollar sign or any commas in your answer or it will be marked incorrect.)​

Answer 1

To find the total cost of producing 17,600 items with a production cost of $6 per item and $242,000 in start-up costs, the correct formula ($6 \times 17,600) + $242,000 must be used, yielding a total cost of $347,600.

Step-by-step explanation:

The given expression for the total cost to produce q products appears to be incomplete. Based on the initial information provided, the cost to produce each item is $6, and there are start-up costs of $242,000. If we correct the expression, it should be $6q + $242,000 to find the total cost for producing q items. Thus, to calculate the cost to produce 17,600 items, we use the correct formula:

Total Cost = ($6 \times 17,600) + $242,000

Performing the calculations:

Total Cost = ($105,600) + $242,000

Total Cost = $347,600

Therefore, it will cost the company $347,600 to produce 17,600 items.

Answer 2

$347,600

Step-by-step explanation:

There is fixed startup cost of 242,000 no matter how many units they product.

Also, each unit costs 6 to produce, so to produce 17,600 items, it's going to cost:

17,600 * 6 = 105,600

Along with this the fixed startup cost of 242,000, would make total cost:

Total cost = 242,000 + 105,600 = $347,600