Lastyearventsvariable cost$5. Thisyear, fixedcost rised11%.Costproducing100now$508.88.Whatfixedcostlast year.?

Question

last year, evans company produced furnace vents with a variable cost of $5. This year, the fixed cost has risen by 11%. If the cost of producing 100 furnace vents is now 508.88, what was the fixed cost last year?

Answer 1

For this year;
Variable cost + Fixed cost = Total cost.
111% + $5 = $508∙88
111% = $(508∙88 - 5)
111% = $ 503∙88 ( ÷ 111)
1% = $ 4∙539 459 459 ( x 100)
100% = $ 453∙945 945 9

Last years cost;
Variable cost + Fixed cost = Total cost.
$ 453∙945 945 9 + $5 = $ 458∙945 945 9

Total cost ≈ $ 458∙95

Answer 2

WhyshouldIansweryourquestion
whenyou don'tevenknowwhere
thespacebarisyouidiot?