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Copy and paste, or type, the following into cells A1:D5 of an Excel spreadsheet: Input data fixed cost 17,500 Units 1,050 variable cost per unit
Copy and paste, or type, the following into cells A1:D5 of an Excel spreadsheet:
| Input data | |||
| fixed cost | 17,500 | Units | 1,050 |
| variable cost per unit | 7.35 | revenue | =D2*B4 |
| sell price per unit | 6.5 | expenses | =B2+(B3*D2) |
| profit | =D3-D4 |
Use Excel's Goal Seek to answer the following question. Assuming that demand is fixed at 1,050 units, what is the sell price per unit that results in break even?
Enter only the numerical solution. Do not include a $ sign.
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