Question: PROBLEM 2: A manager has determined that a potential new product can be sold at a price of $50.00 each. The cost to produce the
PROBLEM 2:
A manager has determined that a potential new product can be sold at a price of $50.00 each. The cost to produce the product is $35.00, but the equipment necessary for production must be leased for $100,000 per year. What is the break-even point?
1. 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.
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