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Quiz 2 Sec 2 - they produce x units per year of the MP3...

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IE 343 Spring 2010 Name: Section 2, Quiz 2 (last) (first) Closed book, closed notes. No calculators. 1. Sandisk leases a building for $100,000 per year for its manufacturing facilities. In addition, the machinery in this building is being paid for in installments of $20,000 per year. The machinery is used to produce their MP3 players. Each MP3 player costs $20 in labor and $15 in materials and can be sold for $50. Assume
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Unformatted text preview: they produce x units per year of the MP3 player. a. Write the annual profit equation for Sandisk. b. What is the breakeven point? (Writing a fraction is fine) 2. You deposit $10 in a bank account paying 10% simple interest per year. How much would you have at the end of 10 years? Please write any concerns/comments on the back....
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