Question: Py D ar 6.3. T.W. Smitty, an emerging rapper, has reserved a recording stu- dio for $5000 to cut his first album, called Smart Rap.

Py D ar 6.3. T.W. Smitty, an emerging rapper, has reserved a recording stu- dio for $5000 to cut his first album, called Smart Rap. The cost of recording the album is $5000 and copies are $5 apiece. If the vinyl albums are priced at $15 each, how many must be sold to break even? What is the breakeven point in dollars? 6.5. Patricia Zell, a dollmaker from Olney, Maryland, is interested in the mass marketing and production of a ceramic doll of her own design called Tiny Trisha. The initial investment required for plant and equip- ment is estimated at $25,000. Labor and material costs are approxim- ately $10 per doll. If the dolls can be sold for $50 each, what volume of demand is necessary for the Tiny Trisha doll to break even? usual cafeteria by half, for a make or buy i 6.9. Soft Ke product, DV house using nlier. Cost

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