Solve the following problem. If 843 units cost $16,421.40 to produce, how much does each unit cost to produce to the nearest cent? A)19.47 B)19.48 C)20.00 D)19.50

Question

asked Feb 28, 2018 90.6k views

2 Answers

Greg Jandl · Answer 1 · 2018-03-01T14:06:09+0000

It costs 19.48, because $16,421.40 / 843 comes out to 19.479, and 19.479 rounds to 19.48. So the answer is B $19.48.

Hope this helps :)

Mfx · Answer 2 · 2018-03-06T10:05:51+0000

Answer: B) 19.48.

Explanation:

Hi, to answer this question we simply have to divide the cost of the whole production (16,421.20) by the number of units produced (843).

Mathematically speaking

16,421.40 / 843 =19.4797153

Rounded to the nearest cent:

19.4797153 = 19.48 (since the digit after the hundredth place is higher than 5)

So, the correct answer is option B) 19.48.