BE4.2 - Using Excel to Calculate Contribution PROBLEM Required: Provide input into cells shaded The local ice cream shop sells single-scoop cones. The store the required mathematical formulas or functions with cell references to the employs a manager plus one full-time and two part-time Problem area or work area as indicated. employees, and also incurs costs for labor, rent, and insurance. 8 Information concerning operations follows. What is the contribution margin per unit of a single-scoop cone? 10 Selling price of single-scoop cones $ 2.00 11 Unit cost of ice cream per scoop 0.25 Contribution margin per unit 12 Unit cost of cone 0.05 13 Montlhy labor costs 3,500 14 Monthly rent and insurance cost 500 15 16 17