The fixed costs (FC) of a factory for the month were $5000 and the variable costs (VC) to manufacture each product were $5 per unit. The total costs (TC) for the month were the sum of the FC and VC per unit multiplied by the number of products produced and sold (x). The relationship between TC, FC, VC, and x is expressed by the equation TC FC+(VC)x. What would be the total cost if 90 products were sold this month?

b. How many products were sold this month if the total cost was $11,375?

AppendixLO1