Question

The fiber division expects to produce 70000 cotton rolls in 2023. Each roll requires 50kg raw cotton to produce it with raw cotton being priced at 1100USD/metric ton (1000kg) on the commodity market. How much will the material costs be in 2023? Please upload a photo of your PEN AND PAPER calculations (no calculator)*

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Answer to a math question The fiber division expects to produce 70000 cotton rolls in 2023. Each roll requires 50kg raw cotton to produce it with raw cotton being priced at 1100USD/metric ton (1000kg) on the commodity market. How much will the material costs be in 2023? Please upload a photo of your PEN AND PAPER calculations (no calculator)*

Expert avatar
Jett
4.7
92 Answers
Total\ rolls = 70000
Cotton\ per\ roll = 50\ kg
Price\ per\ metric\ ton = 1100\ USD
Total\ cotton\ needed = Total\ rolls \times Cotton\ per\ roll = 70000 \times 50\ kg = 3500000\ kg\ (or\ 3500\ metric\ tons)
Material\ costs = Total\ cotton\ needed\ in\ metric\ tons \times Price\ per\ metric\ ton = 3500 \times 1100\ USD = 3850000\ USD
Answer = 3850000\ USD

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