Question: These problems come from working Lab 4: What-if Solver/Breakeven/Goal Seek performed in the chapter text. Assessment: 1. Perform the analysis, and take a screenshot of
These problems come from working Lab 4: What-if Solver/Breakeven/Goal Seek performed in the chapter text.
Assessment:
1. Perform the analysis, and take a screenshot of the table following step 10; label it “Lab 4 Sub-mission.Jpg”. Submit it to your instructor.
2. Answer the multiple choice questions.
1. In the analysis of Lab 4, the breakeven point in October is:
a. 330 units.
b. 313 units.
c. 286 units.
d. 334 units.
2. In the analysis of Lab 4, the company could only have a positive net income in August if its unit sales are higher than:
a. 270.
b. 270.
c. 250.
d. 360.
3. In the analysis of Lab 4, the company could only have a positive net income in June if its unit sales are higher than:
a. 286.
b. 313.
c. 250.
d. 334.
4. In this lab, the company could only have a positive net income if the number of units sold is higher than 400 in:
a. January, November.
b. June, July, August.
c. April, June, October.
d. January, November, December.
5. Which is not an objective of what-if analysis?
a. Predict future sales
b. Predict breakeven point
c. Make sales strategy
d. Set threshold for minimum sales
Step by Step Solution
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1 Analysis In order to break even the company needs to sell enough units to cover their fixed and variable costs By using the Whatif Solver or Goal Se... View full answer
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