Question

A firm produces 19,200 units at a total cost of $67,585.06. Find the cost per unit to the nearest cent.

4.00
3.50
3.51
3.52

Answer 1

all you do is divide 67,585.06 by 19,200 which is 3.52005521 rounded t nearest cent that's 3.52

Answer 2

3.52

Explanation:

To find the cost per unit we just need to divide the total cost by the total units.

That's 67,585.06/19,200 = 3.520055208

If we round it to the nearest cent, the cost per unit is 3.52.