eBook Cox Electric makes electronic components and has estimated the following for a new design of one of its products: Fixed Cost = $19,000 Material cost per unit $0.15 Labor cost per unit$0.10 Revenue per unit = $0.65 Production Volume 12,000 Per-unit material and labor cost together make up the variable cost per unit. Assuming that Cox Electric sells all it produces, build a spreadsheet model that calculates the profit by subtracting the fixed cost and total variable cost from total revenue, and answer the following questions. (a) Construct a one-way data table with production volume as the column input and profit as the output. Breakeven occurs when profit goes from a negative to a positive value; that is, breakeven is when total revenue = total cost, yielding a profit of zero vary production volume ron 5,000 to 50,000 in increments of 5,000 breakeven occur? n hich inter a of production volume does to units b) Use Goal Seek to find the exact breakeven point Assign Set cell: equal to the location of profit To value: = 0 and By changing cell: equal to the location of the production volume in your model