Question
1. Assume you own a book store and have 100 books in storage. You sell a certain % for the highest price of $75
1. Assume you own a book store and have 100 books in storage. You sell a certain % for the highest price of $75 and a certain % for the lower price of $40. Using What-If Analysis in the Excel find out the different values (scenarios) for the given problem (e.g. 75%, 80%, 90%, 95% and 100%). BOOK STORE Total Number of Books % sold for highest price 100 70% Number of books % Unit Profit 70 $ 75.00 30 $ 40.00 $ 6,450.00 Highest Price Lowest Price Total Profit
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
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