Chloe’s Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.55 for 2,500 and $0.50 for 5,000.   If the total cost function for croissants is linear, what will be the average cost to bake 4,200? Do not round intermediate calculations. Round your final answer to 4 decimal places.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 1TP: Seda Sarkisian makes wedding cakes from her home. A customer has requested two duplicate wedding...
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Chloe’s Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.55 for 2,500 and $0.50 for 5,000.

 

If the total cost function for croissants is linear, what will be the average cost to bake 4,200? Do not round intermediate calculations. Round your final answer to 4 decimal places.

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