1. Use your plan of action to solve each problem found in Appendix A, clearly outlining the procedures used, providing a concise explanation of each step, labeling relevant formulas, and showing worked out calculations and complete solutions. You may use a calculator or Excel spreadsheet to help perform the necessary calculations, but all corresponding work must be shown completely. 2. Answer all questions posed in the problem; if applicable, analyze and evaluate your results and provide a contextual explanation of the solutions you obtained. 3. Review your calculations and solutions and make sure that an external viewer would be able to follow your methodology and make sense of your calculations and corresponding explanations. Make certain that you have completed all steps of each problem. Problem #8: Using Relevant Revenue and Costs to Make Decisions Sandwiches Galore is a small shop looking to expand its product offerings. The company is evaluating two alternatives: tacos and soups. Annual projections for sales of tacos are as follows: Sales $144,000; variable costs $80,000; fixed costs $16,000. Annual projections for sales of soups are as follows: Sales Final Assessment: Outline and Rubric 7 Accounting for Managerial Decisions Final Assessment: Outline and Rubric $60,000; variable costs $20,000; no additional fixed costs. Required: Perform differential analysis to determine which alternative is more profitable, and by how much. Assume that adding tacos is alternative 1 and adding soups is alternative 2