A B C D E F G 1 Function: SUM; Multiply; Divide; Cell Referencing 2 3 BE2.7 - Using Excel to Calculate Total and Per-Unit Product Costs 4 PROBLEM 5 A company produces toy xylophones. Data related to its production is given here: 6 Student Work Area Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. 7 8 Variable product cost per unit $ 9 Total fixed product costs 4.50 80,000 10 Xylophones produced last year 40,000 11 Expected xylophones to be produced this year 50,000 12 13 14 15 16 17 18 19 20 21 22 What is the total cost and per-unit cost of producing these xylophones last year? If the company incurs the same total fixed costs both years, but operates at this year's expected production level, what is the total cost and per-unit cost of producing these xylophones this year? Total variable costs Total fixed costs Total cost Per-unit cost Last Year This Year K