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Could any expert help me with this excel file and upload the excel file solved. Business Problem Samad Al-Khalil is the advertising manager for Payless

Could any expert help me with this excel file and upload the excel file solved. image text in transcribed
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Business Problem Samad Al-Khalil is the advertising manager for Payless Shoe Store. He is currently working on a major promotional campaign. His ideas include installing a new lighting system and increased display space that will add $34,000 in fixed costs to the $270,000 currently spent. In addition, Samad proposes that a 5% sales price decrease (from $40 to \$38) will produce a 20% increase in sales volume (from 20,000 to 24,000). Variable costs will remain at $24 per pair of shoes. Management is impressed with Samad's ideas but concerned about the effects these changes will have on the breakeven point. Instructions: Use the MS Excel tool to solve the following: (a) Compute the current break-even point in units and compare it to the break-even point in units using Samad's new ideas. (2 marks) (b) Prepare a CVP income statement for current operations and after Samad's changes are introduced. (2 marks) (b) Prepare a CVP income statement for current operations and after Samad's changes are introduced. (2 marks) c) Would you make the changes suggested? Explain why. (1 mark) Required: 1. Create a spreadsheet file in MS Excel, do all the above calculations using the formula functions, and submit your completed file in MS Excel (no pdf file) via the LMS submission link. 2. Each group member's name will be available on the course LMS site

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