The total cost to produce 50 oatmeal cookies is $20.
Total cost to produce
First step is to calculate the total cost to produce 100 cookies:
Total cost to produce= Average total cost × Quantity
Total cost to produce=$.25×100
Total cost to produce=$25
Second step is to calculate the total cost to produce 50 cookies:
Total cost to produce=$25-($0.10 ×50)
Total cost to produce=$25-$5
Total cost to produce=$20
Inconclusion the total cost to produce 50 cookies is $20.
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