Question: PLEASE show all calculations using excel formulas for the chart provided and explain each step. Thank you! Julie James is opening a lemonade stand. She
PLEASE show all calculations using excel formulas for the chart provided and explain each step. Thank you!
Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand is $ Her best guess is that she can sell cups per week at $ per cup. The variable cost of producing a cup of lemonade is $
a Given her other assumptions, what level of sales volume will enable Julie to break even?
b Given her other assumptions, discuss how a change in sales volume affects profit.
c Given her other assumptions, discuss how a change in sales volume and variable cost jointly affect profit.
d Use Excel's Formula Auditing tools to show which cells in your spreadsheet affect profit directly.
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