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Copy and paste, or type, the following into cells A1:D5 of an Excel spreadsheet: Input data fixed cost variable cost per unit4.75 sell price per unit 23,500 Units 1,550 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 1,550 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: Answer

Copy and paste, or type, the following into cells A1:D5 of an Excel spreadsheet: Input data fixed cost variable cost per unit4.75 sell price per unit 23,500 Units 1,550 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 1,550 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: Answer

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Copy and paste, or type, the following into cells A1:D5 of an Excel spreadsheet: Input data fixed cost variable cost per unit|4.75 sell price per unit 23,500 Units 1,550 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 1,550 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: Answer
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|4.75 sell price per unit 23,500 Units 1,550 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 1,550 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: Answer
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