After entering the data shown below in cells B2, B3, B6, and B10, what values should appear in the following cells? (Round your "Unit Gross Profit and Profit per Unit" answers to 2 decimal places.) Cell Value B4 (Unit_Gross_Profit) B8 (Gross Revenue) B9 (Variable_Costs) B11 (Net Profit) B12 (Profit_per Unit)

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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An analyst built the following spreadsheet, complete with named ranges (for example, cell B2 is named "Unit_Price" based on the
heading in cell A2).
A
B
2
Unit Price
15
3.
Unit Cost
5.18
Unit Gross Profit
Unit_Price
Unit Cost
6.
Quantity Sold
6,100
= Quantity_Sold x Unit_Price
= Quantity_Sold x Unit Cost
3,700
= Gross_Revenue - Variable_Costs - Fixed_Costs
= Net Profit/Quantity_Sold
8
Gross Revenue
9
Variable Costs
10
Fixed Costs
11
Net Profit
12
Profit per Unit
After entering the data shown below in cells B2, B3, B6, and B10, what values should appear in the following cells? (Round your "Unit
Gross Profit and Profit per Unit" answers to 2 decimal places.)
Cell
Value
B4 (Unit_Gross_Profit)
B8 (Gross Revenue)
B9 (Variable_Costs)
B11 (Net_Profit)
B12 (Profit_per Unit)
5 of 5
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Transcribed Image Text:ble X Lorio.com/secured#lockdown habled: Chapter 4 The Art of Model... Saved Help Save & Exit Submit An analyst built the following spreadsheet, complete with named ranges (for example, cell B2 is named "Unit_Price" based on the heading in cell A2). A B 2 Unit Price 15 3. Unit Cost 5.18 Unit Gross Profit Unit_Price Unit Cost 6. Quantity Sold 6,100 = Quantity_Sold x Unit_Price = Quantity_Sold x Unit Cost 3,700 = Gross_Revenue - Variable_Costs - Fixed_Costs = Net Profit/Quantity_Sold 8 Gross Revenue 9 Variable Costs 10 Fixed Costs 11 Net Profit 12 Profit per Unit After entering the data shown below in cells B2, B3, B6, and B10, what values should appear in the following cells? (Round your "Unit Gross Profit and Profit per Unit" answers to 2 decimal places.) Cell Value B4 (Unit_Gross_Profit) B8 (Gross Revenue) B9 (Variable_Costs) B11 (Net_Profit) B12 (Profit_per Unit) 5 of 5 ... < Prev Next Mc Graw Hill 411 F1L F12 FB F9 F10 F6 GO0 F4 F2 F3 % & 3 # 5 6 8 9 2 4 è Ü U Q H. K L é ö à ä D F V Y olt e cmd cmd * の
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