Copy and paste, or type, the following into cells A1:D5 of an Excel spreadsheet: Input data fixed cost variable cost per unit4.05 sell price per unit 21,000 Units 1,500 revenue =D2*B4 6.5 expenses%3DB2+(B3*D2)| =D3-D4 Use Excel's Goal Seek to answer the following question. Assuming that demand is fixed at 1,500 units, what is the sell price per unit that results in break even? profit Enter only the numerical solution. Do not include a $ sign. Your Answer:
Copy and paste, or type, the following into cells A1:D5 of an Excel spreadsheet: Input data fixed cost variable cost per unit4.05 sell price per unit 21,000 Units 1,500 revenue =D2*B4 6.5 expenses%3DB2+(B3*D2)| =D3-D4 Use Excel's Goal Seek to answer the following question. Assuming that demand is fixed at 1,500 units, what is the sell price per unit that results in break even? profit Enter only the numerical solution. Do not include a $ sign. Your Answer:
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Copy and paste, or type, the following into cells A1:D5 of an Excel spreadsheet:
Input data
fixed cost
variable cost per unit 4.05
sell price per unit
21,000 Units
1,500
revenue =D2*B4
6.5
expenses=B2+(B3*D2)
profit
=D3-D4
Use Excel's Goal Seek to answer the following question. Assuming that demand is
fixed at 1,500 units, what is the sell price per unit that results in break even?
Enter only the numerical solution. Do not include a $ sign.
Your Answer:
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