A marketing team is going to buy promotional coffee mugs as giveaways. The manufacturing company charges a fixed $350 setup fee and $8 per mug. Complete an equation for the average cost per coffee mug if x mugs are made. Average cost =   Find the average cost per coffee mug if 330 mugs are made Average cost = $

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A marketing team is going to buy promotional coffee mugs as giveaways. The manufacturing company charges a fixed $350 setup fee and $8 per mug.

Complete an equation for the average cost per coffee mug if x mugs are made.

Average cost =  

Find the average cost per coffee mug if 330 mugs are made

Average cost = $  

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