Cost Calculation for Product Production

The video tutorial explains how a small company calculates the total cost of producing a new product. It starts with the expression 18q + 53,000, where q is the number of products. The tutorial demonstrates how to substitute 8900 for q and perform the multiplication and addition to find the total cost. The final cost is calculated to be $213,200.

What is the cost to produce each item for the company?

• $53

• $18

• $1,000

• $100

What is the startup cost for the company?

• $1,000

• $18,000

• $53,000

• $100,000

What does the expression 18q + 53,000 represent?

• The number of products sold

• The profit from selling q products

• The total cost to produce q products

• The revenue from selling products

How do you find the total cost to produce 8,900 items?

• Multiply 8,900 by 53,000

• Add 8,900 to 18

• Substitute 8,900 for q in the expression 18q + 53,000

• Divide 8,900 by 18

What is the first step in simplifying the expression 18 * 8,900 + 53,000?

• Add 53,000 to 8,900

• Multiply 18 by 8,900

• Subtract 53,000 from 8,900

• Divide 8,900 by 18

What is the result of multiplying 8,900 by 18?

• 53,000

• 71,200

• 160,200

• 213,200

What is the final step in calculating the total cost?

• Subtract 53,000 from 160,200

• Add 160,200 to 53,000

• Multiply 160,200 by 53,000

• Divide 160,200 by 53,000

What is the total cost to produce 8,900 items?

• $71,200

• $53,000

• $213,200

• $160,200

What is the final answer to the question posed in the video?

• It will cost $71,200 to produce 8,900 items.

• It will cost $213,200 to produce 8,900 items.

• It will cost $53,000 to produce 8,900 items.

• It will cost $160,200 to produce 8,900 items.