The formula to calculate the Flooring Cost (FC) is:
\[ FC = FA \times CPSF \]
where \( FC \) is the flooring cost, \( FA \) is the total flooring area, and \( CPSF \) is the cost per square foot of floor.
The flooring cost is the total expense incurred to cover a given area with flooring material. It is calculated by multiplying the total flooring area by the cost per square foot of the flooring material.
Let's assume we have the following values:
Step 1: Multiply the total flooring area by the cost per square foot:
\[ FC = 500 \times 3.50 = 1750 \text{ dollars} \]
Therefore, the Flooring Cost (FC) is \( FC = 1750 \) dollars.