Non Troppo Corporation has the following cost formula: Y=30(X)+ $250,000.If Non Troppo sells 7,000 units,what will its total cost be?
A)$210,000
B)$250,000
C)$460,000
D)Unable to determine from the information given

Question

Quizplus · Accepted Answer

The cost formula given is Y=30(X)+ $250,000. 
Here, X represents the number of units produced and sold. 
If Non Troppo sells 7,000 units, then X=7,000. 
Substituting this value in the cost formula: 
Y=30(7,000) + $250,000 
Y= $460,000 
Therefore, the total cost for Non Troppo Corporation will be $460,000 if they sell 7,000 units. Hence, the correct answer is option C: $460,000.

Non Troppo Corporation Has the Following Cost Formula: Y=30(X)+ $250,000