00:01
In this problem, it is said that there is a fixed cost of $580 .00 plus a cost of $6 .20 for each skateboard built.
00:12
Now, the cost of production during the month of october was $11 ,08.
00:16
We need to determine how many skateboards were produced.
00:20
So let us assume that the number of skateboards produced is equal to x.
00:28
Then what is the cost of producing x skateboards? so there is a fixed cost of $5 ,800.
00:40
And along with that, we have a cost of 6 .20 for each skateboard.
00:45
So if there are x skateboards, that means 6 .20 times x.
00:49
So this is our total cost for the month of october.
00:54
And it is said that the total cost in october was, 11 ,008.
00:59
So this will be equal to 11 ,008.
01:02
So we just need to solve this equation for x...