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: Units Price per unit. Variable expense per unit Total Fixed Costs Income Statement SCENARIO 1 Product A Product B Product C Required: 2. Using the Data Table What-lf 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 53,000 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 41,000 units and a maximum of 46,000 units. Product B can vary between 4,000 units and a maximum of 9,000 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 3,000 units. SCENARIO 2 Product A Product B Product C Units Product A 44,000 $ 11.00 $ 4.00 $20,000 46,000 $ 4,000 $ 3,000 $ 53,000 $ Units Operating Income (Loss) 40,000 10,000 3,000 53,000 $ 288,000 (4,000) 110,000 394,000 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. Product B 6,000 $ 8.00 $ 2.00 $40,000 Operating Income (Loss) Product C 3,000 $ 60.00 $ 20.00 $10,000 Max Capacity 53,000 0
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: Units Price per unit. Variable expense per unit Total Fixed Costs Income Statement SCENARIO 1 Product A Product B Product C Required: 2. Using the Data Table What-lf 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 53,000 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 41,000 units and a maximum of 46,000 units. Product B can vary between 4,000 units and a maximum of 9,000 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 3,000 units. SCENARIO 2 Product A Product B Product C Units Product A 44,000 $ 11.00 $ 4.00 $20,000 46,000 $ 4,000 $ 3,000 $ 53,000 $ Units Operating Income (Loss) 40,000 10,000 3,000 53,000 $ 288,000 (4,000) 110,000 394,000 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. Product B 6,000 $ 8.00 $ 2.00 $40,000 Operating Income (Loss) Product C 3,000 $ 60.00 $ 20.00 $10,000 Max Capacity 53,000 0
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Subject :- Accounting
![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:
Units
Price per unit.
Variable expense per unit
Total Fixed Costs
Income Statement
SCENARIO 1
Product A
Product B
Product C
Required:
2. Using the Data Table What-lf 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 53,000 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 41,000 units and a maximum of 46,000 units. Product B can vary between 4,000 units
and a maximum of 9,000 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 3,000 units.
SCENARIO 2
Product A
Product B
Product C
Units
Product A
44,000
$ 11.00
$ 4.00
$20,000
46,000 $
4,000 $
3,000 $
53,000 $
Units
Operating
Income (Loss)
40,000
10,000
3,000
53,000 $
288,000
(4,000)
110,000
394,000
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.
Product B
6,000
$ 8.00
$ 2.00
$40,000
Operating
Income (Loss)
Product C
3,000
$ 60.00
$ 20.00
$10,000
Max
Capacity
53,000
0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F83b62d92-ae46-4dd3-8277-7ec31e6fe3f8%2Fafd52454-3ed1-4afa-9094-5afbe49946d6%2Fgqgqwzq_processed.png&w=3840&q=75)
Transcribed Image Text: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:
Units
Price per unit.
Variable expense per unit
Total Fixed Costs
Income Statement
SCENARIO 1
Product A
Product B
Product C
Required:
2. Using the Data Table What-lf 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 53,000 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 41,000 units and a maximum of 46,000 units. Product B can vary between 4,000 units
and a maximum of 9,000 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 3,000 units.
SCENARIO 2
Product A
Product B
Product C
Units
Product A
44,000
$ 11.00
$ 4.00
$20,000
46,000 $
4,000 $
3,000 $
53,000 $
Units
Operating
Income (Loss)
40,000
10,000
3,000
53,000 $
288,000
(4,000)
110,000
394,000
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.
Product B
6,000
$ 8.00
$ 2.00
$40,000
Operating
Income (Loss)
Product C
3,000
$ 60.00
$ 20.00
$10,000
Max
Capacity
53,000
0
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