Answer:
Cost equation = 5x + 25000
Explanation:
Given: The producing the product is 25,000 plus $5.00 per piece.
x is the number of pieces.
Production cost = fixed cost + cost per piece * number of piece.
Given: Fixed cost = $25000 and cost per piece - $5.00
Now plug in these values in the production cost equation.
So, to produce x number of items, the cost = 25000 + 5x
Which can be written as
Cost equation = 5x + 25000