Leasing Company
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Your company leases a copier. The contract states you must pay the leasing company $3,000 a year and $.005 per copy.
Required:
A) Write the equation to predict estimated total lease cost.
B) compute the estimated total costs if:
I. 10,000 copies are made
ii. 50,000 copies are made
C) compute the estimated cost per unit if:
I. 10,000 copies are made
ii. 50,000 copies are made
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Solution Summary
This solution writes an equation to predict the total estimated lease cost based on variables given. The contract information provided states that the company must pay $3,000 per year to the leading company, and must also pay $0.005 per copy.
Solution Preview
A) Write the equation to predict estimated total lease cost.
3,000 + X * .005 = total lease cost.
B) ...
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