What was the total value of Grade A and C widgets produced in 2009?A. $490,000B. $540,000C. $550,000D. $790,000Answer: AExplanation:Step 1: Identify from the table how many widgets were produced in 2009.Step 2: Divide the number produced by 50 (widgets are sold in batches of 50).Step 3: Multiply this number (i.e. the number of batches of 50) by the cost per batch of 50).Note: You need to perform a separate calculation for each ‘Grade’ of widget because each batch of 50 costs differently.Grade A 2009 = 25,000 / 50 x 500 = 250,000Grade C 2009 = 80,000 / 50 x 150 = 240,000Total = 490,000At the start of this question, you need to identify where the 2009 data is shown. In most questions, time will be shown on the X axis (the bottom axis).
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