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Mathematics 10 Online
OpenStudy (anonymous):

The Goofy Gizmo Company is planning to produce gizmos. The company has rented space for its manufacturing operation at $5,000 per month. Each gizmo requires $71 worth of materials and $20 worth of labor. Find the total cost if Goofy Gizmo Company makes 310 gizmos in a month. @nikato @Mertsj

OpenStudy (tkhunny):

Calculate the 3 pieces. Total materials to produce 310 gizmos? 310 * 71 = ?? Total labor to produce 310 gizmos? = ?? Rent - Well, that's given in the problem statement.

OpenStudy (mertsj):

How much does it cost to make each gizmo?

OpenStudy (anonymous):

It costs a total of $91 to make each gizmo, right?

OpenStudy (mertsj):

Yes. Very good.

OpenStudy (mertsj):

So how much would it cost to make 310 gizmos?

OpenStudy (anonymous):

Uhm.. $28,210?

OpenStudy (mertsj):

Very good.

OpenStudy (mertsj):

But then they have to pay the rent on the building and it is $5000 so what is their total cost for the month?

OpenStudy (anonymous):

$33,210?

OpenStudy (mertsj):

And now you have solved the problem. Congratulations.

OpenStudy (anonymous):

Thanks! :D.

OpenStudy (mertsj):

yw

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