Chloe's Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.70 for 3,900 and $0.65 for 7,800. Required: If the total cost function for croissants is linear, what will be the average cost to bake 7,000? (Do not round intermediate calculations. Round your final answer to 4 decimal places.) Average cost

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.