Question: 1.) Set up the following cell entries in Excel: Variable cost/unit $1.5 Fixed cost $90 Selling price/unit $3 Number of units 60 Assuming that the
1.) Set up the following cell entries in Excel:
Variable cost/unit
$1.5
Fixed cost
$90
Selling price/unit
$3
Number of units
60
Assuming that the number of units to be sold is fixed and is 60. Current selling price is $3 and subject to change.
Using Goal Seek, what should the selling price per unit be in order to realize a breakeven amount of $200?Please explain how to get this with every step
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