Answer:
Unitary cost (per pound)= $0.682
Step-by-step explanation:
Giving the following information:
Total cost= $3.75
Total pounds= 5.5 pounds
To calculate the unitary cost of each pound, we need to use the following formula:
Unitary cost= total cost / total pounds
Unitary cost per pound= 3.75 / 5.5
Unitary cost per pound= $0.682
