Question: Copy and Paste income statement below into an excel worksheet to create a one-variable data table. The one- variable data table has already been set
Copy and Paste income statement below into an excel worksheet to create a one-variable data table. The one- variable data table has already been set up below, please complete the table by using the excel one-variable data table feature to fill in the missing data in cells F8:H19.
1. What is the input cell? Use the cell address from the income statement
2. Is it a column or a row input cell?
3. What is/are the result cells? (Write 'Y' to all that apply)
B6 (Y or N)
B14 (Y or N)
B24 (Y or N)
B5 (Y or N)
B25 (Y or N)
| Creative Ventures For Test | |||||||
| 2010 Income Statement | |||||||
| Revenue | Projected | ||||||
| Units Sold | 24,000 | One-Variable Data Table | |||||
| Price per Unit | $26.00 | ||||||
| Total Revenue | $624,000.00 | Units Sold | Total Revenue | Total Expenses | Net Income | ||
| 24,000 | $624,000.00 | $519,560.00 | $104,440.00 | ||||
| Variable Expenses | Projected | 25,000 | |||||
| Units Produced | 25,200 | 30,000 | |||||
| Material Cost per Unit | $6.20 | 35,000 | |||||
| Total Material Cost | $156,240.00 | 40,000 | |||||
| Manufacturing Cost per Unit | $4.10 | 45,000 | |||||
| Total Manufacturing Cost | $103,320.00 | 50,000 | |||||
| Total Variable Expenses | $259,560.00 | 55,000 | |||||
| 60,000 | |||||||
| Fixed Expenses | Projected | 65,000 | |||||
| Salaries and Benefits | $200,000.00 | 70,000 | |||||
| Advertising | $25,000.00 | 75,000 | |||||
| Administrative | $20,000.00 | 80,000 | |||||
| Miscellaneous | $15,000.00 | ||||||
| Total Fixed Expenses | $260,000.00 | ||||||
| Summary | Projected | ||||||
| Total Revenue | $624,000.00 | ||||||
| Total Expenses | $519,560.00 | ||||||
| Net Income | $104,440.00 | ||||||
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