Question: Set up the following cell entries in Excel: a ) ( 2 0 points ) Use appropriate formulae in Excel to calculate Breakeven ( units
Set up the following cell entries in Excel:
a points Use appropriate formulae in Excel to calculate Breakeven units and
Breakeven in dollars $ Do not use Goal Seek. Be sure to use cell references in your
formulae; do not embed constants into your formulae. You may add other cells to your
Excel spreadsheet beyond those shown above.
b points Use Goal Seek to compute the number of units required to achieve a profit of
$ Adjust the model andor parameters from part a as necessary. Be sure to put your
model for part b on a separate tab or in a separate workbook. Hint: You will almost
certainly need to add other cells to your Excel spreadsheet beyond those shown above or
added in part a
c points Using Goal Seek, what should the selling price per unit be in order to realize a
"Breakeven in dollars $ amount of $ Use your model from part a Be sure to put
your solution and model for part c in a separate workbook. Hint: You should be able to
do this using only the cells shown above and any you added for part a
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