1)

2) Using Excel to perform CVP Analysis

Refer to the data for Derby Phones above.

Using Goal Seek function in Excel.

a) What number must Derby Phones sell to break-even?

b) What number must Derby Phones sell to make an operating profit of $6000 per month?

Derby Phones is considering the introduction of a new model of headphones with the following price and cost characteristics. Sales price $ 270 per unit Variable costs 120 per unit Fixed costs 300,000 per month Required a. What number must Derby sell per month to break even? b. What number must Derby sell to make an operating profit of $180,000 for the month