The unit cost of an apple in a crate of 250 apples is $2.63.
Given the following data:
- Total number of apples in a crate = 250 apples
- Cost of a crate of apple = $95
To determine the unit cost of an apple:
In this exercise, you're required to calculate the cost of one apple in a crate, knowing that there are 250 apples in total at a cost of $95.
Thus, we would divide the total number of apples by the total cost of all the apples as follows:
[tex]Unit\;cost = \frac{Total\;apples}{Total\;cost}[/tex]
Substituting the given parameters into the formula, we have;
[tex]Unit\;cost = \frac{250}{95}[/tex]
Unit cost = $2.63
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