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30 July, 17:32

Toni's fixed cost of making 150,000 toasters is $89,700. The average variable cost is $6.24 per toaster. What is the total cost per toaster to the nearest cent?

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  1. 30 July, 20:50
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    the total cost is $6,84 per toaster
  2. 30 July, 21:22
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    Toni's fixed cost of making 150,000 toasters is $89,700. The average variable cost is $6.24 per toaster. (89,700/150,000) + 6.24=6.84. The total cost per toaster is $6.84.
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