Question

Craftworks rents a storage space that measures 250 ft x 300 ft x 50 ft. Craftwork pays $1500 for the storage space each month. What is the cost per cubic foot?

A.$0.0015
B.$0.0003
C.$0.0004
D.$0.025

Answer 1

option c

Explanation:

answer is option c

Answer 2

C. $0.0004

Explanation:

Cost per cubic foot is found by dividing the cost by the number of cubic feet of volume the space has. Of course, the volume is the product of the dimensions, so we have ...

cost per ft³ = $1500/((250 ft)(300 ft)(50 ft)) = 15×10²/(3.75×10⁶) $/ft³

= 4×10⁻⁴ $/ft³ = $0.0004 per cubic ft