MY NOTES Less Fixed Cost ASK YOUR TEACHER PRACTICE ANOTHER Loss Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and website construction is estimated to be $168.000. Variable processing costs are estimated to be 55 per book. The publisher plans to sell single-user access to the book for $43. Through a series of web-based experiments, Eastman has created a predictive model that estimates demand as a function of price. The predictive model is demand 4,000 - 60. where p is the price of the e-book. (a) Construct an appropriate spreadsheet model for calculating the profit/loss at a given single-User access price taking into account the above demand function. What is the profit estimated by your model for the given costs and single user access price in dollars). 5 Statement of sensitivity dumand S.No.Demand Sales 1546 por copy (b) Use Goal Seek to calculate the price in dollars) that results in breakeven. (Round your answer to the nearest cont.) $ 1 1000 546,000 2 1200 (c) Use a data table that varies price from 550 to 5400 in increments of $25 to find the price in dollars) that maximizes profit 565 200 3 1400 564,400 4 1600 $73,600 Need Help? Mendi 5 1800 S82, 800 8 2000 $92.000 Submit Answer 7 2200 5201 200 3