Ask Question
2 November, 15:52

Determine which of the following bags of chips of comparable quality has the lowest per-unit cost and, thus, is the best buy. A. Brand A, 8 oz. bag for $3.60

B. Brand B, 10 oz. bag for $3.90

C. Brand C, 16 oz. bag for $6.50

D. Brand D, 1 oz. bag for $0.59

+4
Answers (1)
  1. 2 November, 19:35
    0
    B. Brand B, 10 oz. bag for $3.90

    Explanation:

    The lowest per unit cost of different brands can be calculated using the following formula

    Cost per oz=Cost per bag/number of oz in that bag

    Brand A Cost per oz=3.60/8=$0.45

    Brand B Cost per oz=3.90/10=$0.39

    Brand C Cost per oz=6.50/16=$0.406

    Brand D Cost per oz=0.59/1=$0.59

    So the answer is B. Brand B, 10 oz. bag for $3.90
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Determine which of the following bags of chips of comparable quality has the lowest per-unit cost and, thus, is the best buy. A. Brand A, 8 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers