Chloe's Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.65 for 2,500 and $0.60 for 5,000. Required: If the total cost function for croissants is linear, what will be the average cost to bake 4,200? (Do not round intermediate calculations. Round your final answer to 4 decimal places.) Average cost
Chloe's Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.65 for 2,500 and $0.60 for 5,000. Required: If the total cost function for croissants is linear, what will be the average cost to bake 4,200? (Do not round intermediate calculations. Round your final answer to 4 decimal places.) Average cost
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Chloe's Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.65
for 2,500 and $0.60 for 5,000.
Required:
If the total cost function for croissants is linear, what will be the average cost to bake 4,200? (Do not round intermediate calculations.
Round your final answer to 4 decimal places.)
Average cost](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd7e170d8-3683-466f-b0aa-f24264a431b2%2F9d9d8548-23c0-4182-847b-32963748a8d3%2Fo0s1aec_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Chloe's Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.65
for 2,500 and $0.60 for 5,000.
Required:
If the total cost function for croissants is linear, what will be the average cost to bake 4,200? (Do not round intermediate calculations.
Round your final answer to 4 decimal places.)
Average cost
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