Question: THIS QUESTION USES THE DATA TABLE UNDER WHAT IF ANALYSIS IN EXCEL, I NEED BOTH SCNERIOUS SOLVED PLEASE, PLEASE INCLUDE EXCEL INSTRUCTIONS On the Data
THIS QUESTION USES THE DATA TABLE UNDER WHAT IF ANALYSIS IN EXCEL, I NEED BOTH SCNERIOUS SOLVED PLEASE, PLEASE INCLUDE EXCEL INSTRUCTIONS
On the Data Tables - Student tab in your Excel spreadsheet, update the given information section of the Income Statement for Hello Company with the data below:
| Income Statement | Product A | Product B | Product C | Max Capacity | |||||||||||
| Units | 42,000 | 7,000 | 2,000 | 51,000 | |||||||||||
| Price per unit | $ | 12.00 | $ | 8.00 | $ | 50.00 | |||||||||
| Variable expense per unit | $ | 4.00 | $ | 2.00 | $ | 15.00 | |||||||||
| Total Fixed Costs | $ | 20,000 | $ | 40,000 | $ | 10,000 | |||||||||
2. Using the Data Table What-If Analysis tool in Excel, determine the Units and Operating Income (Loss) for each product based on the following scenarios. (Hint: Don't forget that the warehouse can only hold up to 51,000 units.)
Scenario 1: Pete wants to find the mix of units that will result in the highest overall Operating Income, perform this analysis using a two variable data table. Product A can vary between 39,000 units and a maximum of 44,000 units. Product B can vary between 5,000 units and a maximum of 10,000 units. Both Products A and B are manufactured in 1,000-unit increments. The production level of Product C is the same each month at 2,000 units.
| Scnerio 1 | units | operating income/loss |
| Product A | ||
| Product B | ||
| Product C | ||
| Total |
Scenario 2: Pete wants each product line in the mix to be profitable. Use a One Variable Data Table and then determine the number of units for each product that should be produced (to the nearest thousand) to make each product line profitable.
| Scnerio 1 | units | operating income/loss |
| Product A | ||
| Product B | ||
| Product C | ||
| Total |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
