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 =D2B4 6.5 expenses=B2+(B3D2)| 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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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