Using Existing Plant and Equipment, Priceless Moments Figurines Can Be

Multiple Choice

Using existing plant and equipment, Priceless Moments Figurines can be manufactured using plastic, clay, or any combination of these materials.A figurine can be manufactured by F = 2P + 5C, where P is pounds of plastic and C is pounds of clay.Plastic costs $5 per pound and clay costs $2 per pound.What would be the lowest cost of producing 60,000 figurines?

A) $30,000
B) $24,000
C) $87,000
D) $150,000
E) $60,000