Questions: A timber company in northern Georgia is harvesting pine trees to sell by the cord. A typical acre produces 13.85 cords of wood, and the company sells each cord for 19.20. How much money can the timber company expect to make from each acre of pine trees?

A timber company in northern Georgia is harvesting pine trees to sell by the cord. A typical acre produces 13.85 cords of wood, and the company sells each cord for 19.20. How much money can the timber company expect to make from each acre of pine trees?

Transcript text: A timber company in northern Georgia is harvesting pine trees to sell by the cord. A typical acre produces 13.85 cords of wood, and the company sells each cord for $\$ 19.20$. How much money can the timber company expect to make from each acre of pine trees?

Solution

Solution Steps

To determine how much money the timber company can expect to make from each acre of pine trees, we need to multiply the number of cords of wood produced per acre by the price per cord.

Step 1: Determine the Number of Cords per Acre

The timber company produces $ 13.85 $ cords of wood per acre.

Step 2: Determine the Price per Cord

The price for each cord of wood is $ 19.20 $ dollars.

Step 3: Calculate Total Revenue per Acre

To find the total revenue from each acre, we multiply the number of cords by the price per cord: \[ \text{Total Revenue} = \text{Cords per Acre} \times \text{Price per Cord} = 13.85 \times 19.20 \] Calculating this gives: \[ \text{Total Revenue} = 265.92 \]