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1 . ( 4 pts ) . In Excel, create a model for the management. Arrange, enter the data and use labels for the breakeven
pts In Excel, create a model for the management. Arrange, enter the data and use labels for the breakeven analysis on the spreadsheet. Name this worksheet "Model". All numerical input values should be entered in separate cells. When necessary, use a formatting that makes it clear that the user may change the number that is entered into each of these cells. Format all other numerical amounts as number with thousands separator. pts Construct the formula for the number of products required annualy to breakeven. Your model should clearly show the values of important quantities in this problem and how they combine to give the breakeven point. Numerical values should be formulated with dollar sign andor commas. Format the cell as a number with decimal places. pts Given the economic incertainty in the coming years, Management wants to see the effect of varying number of products on the total cost, total revenue and net profit from to products in increments of Construct a data table based on your spreadsheet model using the Excel's Data Table OneWay Data Table Label the table "OneWay Data Table" Enter the labels of number of desk lamps, total cost, total revenu, and net profit. Put a border around the content of the table. Format all dollar amounts as Currency with decimal places. pts Create a line chart showing the total cost, and total revenu as a function of the number of products produced and sold. On the same worksheet, create a second line chart showing net profit as a function of number of desk lamps produced and sold. Title the chart" Office Light Inc. Breakeven". Add appropriate labels to axis. pts Use the Goal Seek to find how many desk lamps to produce and sell to make a net profit of $ Label a cell "Goal Seek" and report this value. pts Use the scenario manager to explore these different scenarios in this problem. In each case, we are interested in total cost, total revenue, net profit, and breakeven quantity. rn Selling price increases by and the number of products produced and sold increases by and the number of products produced and sold increases by
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