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 Product A 32,000 Product B Product C Capacity 5,000 3,000 40,000 Price per unit $ 11.00 $ 6.00 $60.00 Variable expense per unit $ 5.00 $ 1.00 Total Fixed Costs $15,000 $30,000 $20.00 $7,500 Required: ces 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 40,000 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 29,000 units and a maximum of 34,000 units. Product B can vary between 3,000 units and a maximum of 8,000 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 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 Units Operating Income (Loss) Product B Product C 3. Based on your calculations above, which scenario creates the highest overall Operating Income for the company? CO Scenario 1 O Scenario 2