QuestionCalculate the total cost for 140 items at \$3.20 each. Use the formula: Total Cost = 140 * \$3.20.

Studdy Solution

STEP 1

Assumptions1. The cost of producing each item is $3.20. The total number of items produced is1403. The total cost is calculated by multiplying the cost per item by the total number of items produced

STEP 2

To find the total cost of producing140 items, we need to multiply the cost of producing each item by the total number of items produced.
$Total\, cost = Cost\, per\, item \\times Total\, number\, of\, items$

STEP 3

Now, plug in the given values for the cost per item and the total number of items to calculate the total cost.
$Total\, cost = \$3.20 \\times140$

STEP 4

Calculate the total cost of producing140 items.
$Total\, cost = \$3.20 \\times140 = \$448$ The total cost of producing140 items is $448.

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