Answer:
$12,375
$12820.50
Step-by-step explanation:
To obtain a rounded value of $28 (to nearest dollar) the lowest and highest possible value before rounding will be : 27.50 and 28.49
Hence,
Lower bound = $27.50
Upper bound = $28.49
Therefore. Cost of making 450 chairs ;
27.50 * 450 = $12,375 (lower bound)
28.49 * 450 $12820.50 (upper bound)