1.) Set up the following cell entries in Excel:

Variable cost/unit

$1.5

Fixed cost

$90

Selling price/unit

$3

Number of units

60

Assuming that the number of units to be sold is fixed and is 60. Current selling price is $3 and subject to change.

Using Goal Seek, what should the selling price per unit be in order to realize a breakeven amount of $200?Please explain how to get this with every step