Question: On the Data Tables - Student tab in your Excel spreadsheet, update the given information section of the Income Statement for Hello Company with the

On the Data Tables - Student tab in your Excel spreadsheet, update the given information section of the Income Statement for Hello Company with the data below:

Income Statement Product A Product B Product C Max Capacity
Units 36,000 4,000 3,000 43,000
Price per unit $ 11.00 $ 7.00 $ 60.00
Variable expense per unit $ 4.00 $ 1.00 $ 20.00
Total Fixed Costs $ 20,000 $ 40,000 $ 10,000

Required:

2.Using the Data Table What-If Analysis tool in Excel, determine the Unitsand Operating Income (Loss) for each product based on the followingscenarios. (Hint: Don't forget that the warehouse can only hold up to43,000 units.)

Scenario 1: Pete wants to find the mix of units that will result in the highest overall Operating Income, perform this analysis using a two variable data table. Product A can vary between 33,000 units and a maximum of 38,000 units. Product B can vary between 2,000 units and a maximum of 7,000 units. Both Products A and B are manufactured in 1,000-unit increments. The production level of Product C is the same each month at 3,000 units.

Scenario 1. unit. operating income (loss)

Product A. ??? ???

Producte B ??? ???

Product C ??? ???

Scenario 2: Pete wants each product line in the mix to be profitable. Use a One Variable Data Table and then determine the number of units for each product that should be produced (to the nearest thousand) to make each product line profitable.

Scenario 1. unit. operating income (loss)

Product A. ??? ???

Producte B ??? ???

Product C ??? ???

3. Based on your calculations above, which scenario creates the highest overall Operating Income for the company?

multiple choice

Scenario 1

Scenario 2

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