Question: Formula: Subtract; Cell Referencing BE4.2 - Using Excel to Calculate Contribution Margin Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in

Formula: Subtract; Cell Referencing BE4.2 - Using Excel to Calculate Contribution Margin Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Input The local ice cream shop sells single-scoop cones. The store the required mathematical formulas or functions with cell references to the employs a manager plus one full-time and two part-time Problem area or work area as indicated. employees, and also incurs costs for labor, rent, and insurance. Information concerning operations follows. What is the contribution margin per unit of a single-scoop cone? Selling price of single-scoop cones 2.00 Unit cost of ice cream per scoop 0.25 Contribution margin per unit Unit cost of cone 0.05 Monthly labor costs (salaries) 3,500 Monthly rent and insurance cost 500

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