Lorimar Watch Company Manufactures Travel Clocks

question 105

Multiple Choice

Lorimar Watch Company manufactures travel clocks.The daily marginal cost function associated with producing these clocks is where C '(x) is measured in dollars/unit and x denotes the number of units produced.Management has determined that the daily fixed cost incurred in producing these clocks is $170.Find the total cost incurred by Lorimar in producing the first 400 travel clocks/day.

• A)$3,354
• B)$3,485
• C)$3,566
• D)$3,282

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