Question: PLEASE ANSWER FAST Management Science Question Should be done in Excel and please include all formulas 1. Whizbang Gadgets estimates the following for a new

PLEASE ANSWER FAST

Management Science Question

Should be done in Excel and please include all formulas

1. Whizbang Gadgets estimates the following for a new design of a gadget:

Fixed cost = $10,000

Material cost per unit = $0.15

Labor cost per unit = $0.10

Revenue per unit = $0.65

Assuming that all produced gadgets will be sold, develop a model, using best practices, for calculating profit.

Determine the breakeven point for number of gadgets produced.

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