Cox Electric makes electronic components and has estimated the following for a new design of one of its products: Fixed Cost =$19,000 Material cost per unit =$0,15 Labor cost per unit =$0.10 Revenue per unit =$0.65 Production Volume =12,000 Per-unit material and labor cost together make up the variable cost per unit. Assuming that Cox Electric sells all iI produces, build a spre the following questions. (a) Construct a one-way data table with production volume as the column input and profit as the output. Breakeven occurs when profit Vary production volume from 5,000 to 50,000 in increments of 5,000. In which interval of production volume does breakeven occur? (b) Use Goal Seek to find the exact breakeven point. Assign Set cell: equal to the location of profit, To value: =0, and By changing ce of one of its products: that Cox Electnc sells all ef produces, build a spreadsheet model that calculates the profit by subtracing the fixed cost and total variable cost from total fevenue, and aniswe rofit as the output. Breakeven occurs when prolit goes from a negative to a positive value; that is, breakeven is when total revenue = total cost, yielding a profit of zero terval of production volume does breakeven occur? cation of profit, To valuet =0, and By changing cell: equal to the location of the production volume in your model