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The cost of producing key chains with the company logo printed on them consistsof a onetime setup fee of $260.00 plus $0.80 for each key chain produced. Thiscost can be calculated using the formula C = 260.00+ 0.80p, where p representsthe number of key chains produced and C is the cost. Use the formula to calculatethe cost of producing 1700 key chains.

Sagot :

Answer:

The cost foe producing 1700 key chains is $1,620

Explanation:

Given that cost of production key chains can be calculated using the formula:

C = 260 + 0.80p

The cost for producing 1700 key chains can be obtained by substituting p by 1700 in the given formula.

C = 260 + 0.80(1700)

= 260 + 1360

= 1620

The cost is $1,620

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