Quiz ToolsEnabled: Chapter 4 The Art of Modelling with S. 0SavedHelpSave & Exit100%An analyst built the following spreadsheet, complete with named ranges (for example, cell B2 is named "Unit_Price" based on theheading in cell A2).Collapse12Unit Price153Unit Cost9.854Unit Gross ProfitUnit Price- Unit Cost6.Quantity Sold7,300Gross RevenueVariable CostsFixed Costs11 Net ProfitProfit per Unit= Quantity Sold x Unit PriceQuantity Sold x Unit Cost2,500- Gross Revenue - Variable Costs= Net Profit/Quantity Sold10Fixed Costs12After entering the data shown below in cells B2, B3, B6, and B10, what values should appear in the following cells? (Round your "UnitGross Profit and Profit per Unit" answers to 2 decimal places.)CellValueB4 (Unit_Gross_Profit)B8 (Gross_Revenue)B9 (Variable_Costs)B11 (Net_Profit)B12 (Profit_per_Unit)McGrawHill< Prev1 of 5Next>HUAWEIEsc%3sdeF1F2F4F3F5F6F7F12%23$496&236.789TabQERUAGKIMAltAltCtrl

The given data: 1 A B 2 Unit price 15 3 Unit cost 9.85 4 Unit gross profit Unit Price -…

Enabled: Chapter 4 The Art of Modelling with S. 0 Saved Help Save 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 Unit Price Unit Cost Unit Gross Profit 15 9.85 4 Unit Price Unit Cost Quantity Sold 7,300 7. Gross Revenue Variable Costs Fixed Costs Net Profit Profit per Unit Quantity Sold Unit Price Quantity Sold Unit Cost 2,500 Gross Revenue- Variable Costs Net Profit/Quantity Sold 10 11 Fixed Costs 12 After entering the data shown below in cells B2, 83, 86, 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 84 (Unit Gross Profit) 88 (Gross Revenue) 89 (Variable Costs) B11 (Not Profit) 812 (Profit per Unit)

Enabled: Chapter 4 The Art of Modelling with S. 0 Saved Help Save 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 Unit Price Unit Cost Unit Gross Profit 15 9.85 4 Unit Price Unit Cost Quantity Sold 7,300 7. Gross Revenue Variable Costs Fixed Costs Net Profit Profit per Unit Quantity Sold Unit Price Quantity Sold Unit Cost 2,500 Gross Revenue- Variable Costs Net Profit/Quantity Sold 10 11 Fixed Costs 12 After entering the data shown below in cells B2, 83, 86, 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 84 (Unit Gross Profit) 88 (Gross Revenue) 89 (Variable Costs) B11 (Not Profit) 812 (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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