Question: An analyst built the following spreadsheet, complete with named ranges (for example, cell B2 is named Unit_Price based on the heading in cell A2). A

An analyst built the following spreadsheet, complete with named ranges (for example, cell B2 is named Unit_Price based on the heading in cell A2).

A B
1
2 unit price 17
3 unit cost 8.57
4 unit gross profit Unit_Prirce - Unit_Cost
5
6 Quantity Sold 5,100
7
8 Gross Revenue = Quantity_Sold * Unit_Price
9 Variable Costs =Quantity_Sold * Unit_Cost
10 Fixed Costs 4,100
11 Net Profit = Gross_revenue - Variable_costs - Fixed_Costs
12 Profit per unit = Net_Profit/Quantity_Sold

After entering the data shown below in cells B2, B3, B6, and B10, what values should appear in the following cells? (Round your "Unit Gross Profit and Profit per Unit" answers to 2 decimal places.)

Cell Value
B4 (Unit_Gross_Profit)
B8 (Gross_Revenue)
B9 (Variable_Costs)
B11 (Net_Profit)
B12 (Profit_per_Unit)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!