Answer :
The selling price of the painting is calculated by multiplying 1,767.4 square inches by $2.15 per square inch. This gives a selling price of $3,793.41.
What is selling price?
Selling price is the amount of money that a seller charges for a product or service. It is the price that a buyer pays in exchange for goods or services. The selling price is typically set by the seller and is the amount higher than the cost of the product or service. It is the sum of all costs incurred in the production process including labor, materials, and overhead costs.
The selling price of the painting can be calculated by multiplying the total area of the painting (in square inches) by the cost per square inch.
The total area can be calculated by multiplying the width of the painting (38.4 inches) by the height of the painting (46 inches). This gives a total area of 1,767.4 square inches.
Therefore, the selling price of the painting is calculated by multiplying 1,767.4 square inches by $2.15 per square inch. This gives a selling price of $3,793.41.
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