Question: Step 1: Open a blank Excel spreadsheet. DO NOT USE A TEMPLATE Step 2: Use Excel to solve the following problem A manager has determined

Step 1: Open a blank Excel spreadsheet. DO NOT USE A TEMPLATE

Step 2: Use Excel to solve the following problem

A manager has determined that a potential new product can be sold at a price of $35.00 per package of four units. The cost to produce each unit is $5.00, but the equipment necessary for production must be leased for $50,000. It is forecasted that 14,000 units can be sold. Create a spreadsheet formatted like the video example in class to determine the break-even point and profit/loss?

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