Question

The following chart represents the cost of producing different amounts of pizza pies in an hour. Quantity of Output1020405070 Workers (L) 2.253.004.105.506.75 Wage Rate per hour$35.00$35.00 $35.00$35.00$35.00 Calculate the cost of producing 40 pizza pies. Round your answer to the nearest hundredths place.

Answer 1

Answer:

the cost would be $143.50

Explanation:

The computation of the cost of producing 40 pizza pies is shown below:

Cost = no of workers × wage rate per hour

= 4.10 × $35

= $143.50

We simply  multiplied the number of workers with the wage rate per hour so that the cost of generating 40 pizza pies could come

hence, the cost would be $143.50

The same would be considered