The Cost C (In Millions of Dollars)of Removing P% of the Industrial

question 31

Multiple Choice

The cost C (in millions of dollars) of removing p% of the industrial and municipal pollutants discharged into a river is given by​ $C = \frac { 235 p } { 100 - p } , 0 \leq p \leq 100$ .
​
Find the costs of removing 70% of the pollutants.
(Round your answer to two decimal places. )
​

• A)$568.33 million
• B)$588.33 million
• C)$578.33 million
• D)$558.33 million
• E)$548.33 million

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Definitions:

Market Value at Split-Off Method

A method used in accounting to allocate joint costs to products based on their market values at the point where the products are separable or "split off" from the joint process.

Joint Costs

Costs incurred in the process of producing two or more joint products before the point at which the products become separately identifiable.

Joint Costs Method

An accounting approach used to allocate costs among multiple products that are produced simultaneously from the same process or materials.

Physical Units Method

The Physical Units Method is a technique used in process costing that allocates costs based on the number of units produced, disregarding the varying production stages or levels of completion.