Final answer:
The total cost of producing 1,100 mailboxes for Acme Mailbox is $23,573.00.
Step-by-step explanation:
The question is asking for the total cost of producing 1,100 mailboxes for Acme Mailbox. The given information states that the average cost per unit is $21.43 when producing 1,100 mailboxes. To find the total cost, we can multiply the average cost per unit by the number of units produced:
Total Cost = Average Cost per Unit x Number of Units
Total Cost = $21.43 x 1,100 = $23,573.00
Therefore, the total cost of producing 1,100 mailboxes for Acme Mailbox is $23,573.00.
Complete question:
Acme Mailbox produces decorative mailboxes. The company's average cost per unit is $21.43 when it produces 1,100 mailboxes.
What is the total cost of producing 1,100 mailboxes?