Question: answer using Excel, please show your equations within Excel too Toys Inc. is considering a proposal for a new toy product manufactured using state-of-art production

answer using Excel, please show your equations within Excel too

Toys Inc. is considering a proposal for a new toy product manufactured using state-of-art production technology. If the proposal is accepted, the product is planned to be sold at $100 per unit, with variable unit cost of $60 and an annual fixed cost of $40,000. Answer the following questions: a) What is the breakeven quantity for the new product each year? b) If market research shows an expected sale of 1500 units in the first year, what is the profit (or loss) for this sales amount

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