Using Existing Plant and Equipment, Priceless Moments Figurines Can Be

Using existing plant and equipment, Priceless Moments Figurines can be manufactured using plastic, clay, or any combination of these materials. A figurine can be manufactured by F = 4P + 2C, where P is pounds of plastic and C is pounds of clay. Plastic costs $2 per pound and clay costs $5 per pound. What would be the lowest cost of producing 40,000 figurines?

A) $20,000
B) $100,000
C) $60,000
D) $10,000
E) $40,000

Correct Answer:

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