Question: please solve in excel showing all steps. A manager has determined that a potential new product can be sold at a price of $29.50 each.

please solve in excel showing all steps. A

please solve in excel showing all steps.

A manager has determined that a potential new product can be sold at a price of $29.50 each. The cost to produce the product is $22.00, but the equipment necessary for production must be leased for $120,000 per year. What is the break-even point? (Round your answer to the nearest whole number.)

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