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Cox Electric makes electronic components and has estimated the following for a new design of one of its products: = Fixed Cost = $10,000 Material
Cox Electric makes electronic components and has estimated the following for a new design of one of its products: = Fixed Cost = $10,000 Material cost per unit = $0.15 Labor cost per unit = $0.10 Revenue per unit $0.65 = Implement your model from part (b) in Excel using the principles of good spreadsheet design and find the profit if Cox Electric makes 18,000 new product. If required, round your answer to nearest whole number. For subtractive or negative numbers use a minus sign. (Example: -300) $
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