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26 July, 06:24

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

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Answers (1)
  1. 26 July, 06:28
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    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
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Home » Business » 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.
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