Question: Breaking Even : Best Cycle specializes in making custom racing road bikes. The company wants to determine how many bikes Best Cycle needs to sell
Breaking Even: Best Cycle specializes in making custom racing road bikes. The company wants to determine how many bikes Best Cycle needs to sell per year to break even (i.e., achieving a zero profit when total cost equals total revenue). The spreadsheet named "Breaking Even" provides details of the bike price (Cell C5), unit cost (Cell C7), and fixed cost (Cell C8) of the production. Which of the following is the correct cell content in order for Excel to compute the revenue in Cell C9?
C
| 4 | Mountain Cycle | |
| 5 | Bike Price | $ 2,500 |
| 6 | Demand | |
| 7 | Unit Cost | $ 1,575 |
| 8 | Fixed Cost | $ 65,000 |
| 9 | Revenue | |
| 10 | Variable Cost | |
| 11 | Profit | |
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