A clock manufacturer's fixed costs per month are $8000. The unit cost for each clock is $15. Find the number of clocks made during a month in which the total cost was $38,000. Use the formula T = UN + F, where T is the total cost, U is the cost per unit, N is the number of units made, and F is the fixed costs.
A clock manufacturer's fixed costs per month are $8000. The unit cost for each clock is $15. Find the number of clocks made during a month in which the total cost was $38,000. Use the formula T = UN + F, where T is the total cost, U is the cost per unit, N is the number of units made, and F is the fixed costs.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A clock manufacturer's fixed costs per month are $8000. The unit cost for each clock is $15. Find the number of clocks made during a month in which the total cost was
$38,000. Use the formula T = UN + F, where T is the total cost, U is the cost per unit, N is the number of units
made, and F is the fixed costs.
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