The formula to calculate the total cost of a slab is:
\[ SC = (A \cdot P) + (E \cdot C) \]
where \( SC \) is the total slab cost (\$), \( A \) is the area of the slab (square feet), \( P \) is the price per square foot (\$), \( E \) is the edge length (feet), and \( C \) is the cost per foot of edge finishing (\$).
A slab cost refers to the total expense incurred in the production or acquisition of a concrete slab, which is often used in construction projects. This cost includes the price of raw materials such as cement, sand, and gravel, labor charges, equipment usage, transportation, and any other expenses related to the creation and installation of the slab. The slab cost can vary depending on the size, thickness, and type of slab, as well as the local cost of materials and labor.
Let's assume we have the following values:
Step 1: Multiply the area of the slab by the price per square foot:
\[ A \cdot P = 500 \cdot 10 = 5000 \]
Step 2: Multiply the edge length by the cost per foot of edge finishing:
\[ E \cdot C = 100 \cdot 5 = 500 \]
Step 3: Add the two results together to get the total slab cost:
\[ SC = 5000 + 500 = 5500 \]
Therefore, the total slab cost is \( SC = \$5500 \).