Final answer:
To determine the unit cost of oranges, divide the total cost ($4.96) by the number of oranges (8), yielding a unit cost of $0.62 per orange.
Step-by-step explanation:
To find the unit cost of oranges, we need to divide the total cost of the bag by the number of oranges in it. In this case, the grocery store sells a bag of 8 oranges for $4.96.
We can calculate the unit cost using the formula: Unit Cost = Total Cost / Number of Units.
So, the calculation for the unit cost of one orange would be:
Unit Cost of one orange = $4.96 / 8 oranges
When we perform the division, we get:
Unit Cost of one orange = $0.62
Therefore, the unit cost for one orange is 62 cents.