Question: ATC 2 - 7 ( Static ) Spreadsheet Assignment: Mastering Excel Siwa Company makes and sells a decorative ceramic statue. Each statue costs $ 5

ATC 2-7(Static) Spreadsheet Assignment: Mastering Excel
Siwa Company makes and sells a decorative ceramic statue. Each statue costs $50 to manufacture and sells for $75. Siwa spends $3 to ship the statue to customers and pays salespersons a $2 commission for each statue sold. The remaining annual expenses of operation are administrative salaries, $70,000; advertising, $20,000; and rent, $30,000. Siwa plans to sell 9,000 statues in the coming year.

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