Weekly fixed and variable costs of picnic tables
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Cost analysis:
A small company manufactures picnic tables. The weekly fixed cost is $1,200 and the variable cost is $45 per table. Find the total daily cost of producing X picnic tables. How many picnic tables can be produced for a total weekly cost of $4,800?
Please show all work in algebra form.
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Solution Summary
This solution looks at how many picnic tables must be produced to have a weekly total cost of $4,800, given the weekly fixed cost and variable cost.
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