Question: Create an Excel model to provide the answer for Problem 119. Problem 119 A website has a fixed cost of $15,000 per day. The revenue

Create an Excel model to provide the answer for Problem 1–19.

Problem 1–19

A website has a fixed cost of $15,000 per day. The revenue is $0.06 each time the website is accessed. The variable cost of responding to each hit is $0.02.

(a) How many times must this website be accessed each day to break even?

(b) What is the break-even point, in dollars?

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