Applying Excel - Data Tables: Exercise (Part 2 of 2) On the Data Tables Student tab in your Excel spreadsheet, update the given information section of the Income Statement for Hello Company with the data below. Income Statement Units Price per unit Product A 36,000 $11.00 Product B Variable expense per unit $4.00 Total Fixed Costs $20,000 4,000 $7.00 $ 1.00 $40,000 Product C 3,000 $ 60.00 $ 20.00 $10,000 Max Capacity 43,000 Required: 2. Using the Data Table What-If Analysis tool in Excel, determine the Units and Operating Income (Loss) for each product based on the following scenarios. (Hint: Don't forget that the warehouse can only hold up to 43,000 units) Scenario 1: Pete wants to find the mix of units that will result in the highest overall Operating Income, perform this analysis using a two variable data table. Product A can vary between 33,000 units and a maximum of 38,000 units. Product B can vary between 2,000 units and a maximum of 7,000 units. Both Products A and B are manufactured in 1,000-unit increments. The production level of Product C is the same each month at 3,000 units. SCENARIO 1 Units Operating Income (Loss) Product A Product B Product C 0 $ Scenario 2: Pete wants each product line in the mix to be profitable. Use a One Variable Data Table and then determine the number of units for each product that should be produced (to the nearest thousand) to make each product line profitable. SCENARIO 2 Product A Product B Product C Units Operating Income (Loss) 0 $ 0 3. Based on your calculations above, which scenario creates the highest overall Operating Income for the company? Scenario 1 Scenario 2