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1,000 bowling pins are produced per hour 

Each pin is valued at $8.37

You need to know the total value of pins for one hour

So with that, you multiply the amount of pins produced per hour and the total value of pins within a certain hour frame which is one hour

1,000×1=1,000

Then you multiply for the value of each pin

1,000×$8.37=$8,370

The total value of pins produced in one hour is $8,370