Question: please help with excel step-by-step (detailed) much appreciated **IMPORTANT** PLEASE MAKE SURE TO USE EXCEL WITH FORMULAS The CONG Company has identified two methods for
please help with excel step-by-step (detailed) much appreciated **IMPORTANT** PLEASE MAKE SURE TO USE EXCEL WITH FORMULAS
The CONG Company has identified two methods for producing playing cards. One method involves using a machine E having a fixed cost of $10,000 and variable costs of $1.00 per deck of cards. The other method would use a less expensive machine S (with a fixed cost = $4,000), but it would require greater variable costs ($1.75 per deck of cards). If the selling price per deck of cards will be the same under each method, at what level of output will these two alternative machines produce the same net operating income (EBIT)?
- A. 14,000 decks
- B. 10,000 decks
- C. 18,667 decks
- D. 32,000 decks
- E. 8,000 decks
PLEASE HELP WITH EXCEL STEP-BY-STEP (IN FULL detail) much appreciated **IMPORTANT** I WANT TO LEARN
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
