Question: PROBLEM 1: A manager has determined that a potential new product can be sold at a price of $10.00 each. The cost to produce the

PROBLEM 1:

A manager has determined that a potential new product can be sold at a price of $10.00 each. The cost to produce the product is $5.00, but the equipment necessary for production must be leased for $25,000 per year.

What is the break-even point? (Ensure answer is in cell C:9)

2. Create a chart showing the crossover of Revenue and Cost. Make sure to appropriately label axis.

3. You are sharing this file with a co-worker. You need to leave at least 2 comments regarding work-flow on this worksheet. PROBLEM 1: A manager has determined that a need help with solving this in excel with the steps. thank you

Data Unit Revenue Fixed Cost Marginal Cost Total Revenue Total Fixed Cost Total Variable Cost Profit (Loss) Results $0 SO $0 SO Production Quantity Break-Even Point #DIV/0! Graph Points Revenue Cost

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