Cox Electric makes electronic components and has estimated the following for a new design of one of its products:

Fixed Cost $

Material cost per unit $

Labor cost per unit $

Revenue per unit $

These data are given in the file CoxElectric. Note that fixed cost is incurred regardless of the amount produced. Perunit material and labor cost together make up the variable cost per unit. Assuming that Cox Electric sells all that it produces, profit is calculated by subtracting the fixed cost and total variable cost from total revenue.

c Implement your model from part b in Excel using the principles of good spreadsheet design and find the profit if Cox Electric makes units of the new product.

If required, round your answer to the nearest whole number. For subtractive or negative numbers use a minus sign. Example: