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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 = $ 1 1

Cox Electric makes electronic components and has estimated the following for a new design of one of its products:
Fixed Cost =$11,000
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 it produces, build a spreadsheet model that calculates the profit by subtracting the fixed cost and total variable cost from total revenue, and answer 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 goes from a negative to a positive value; that is, breakeven is when total revenue = total cost, yielding a profit of zero. Vary production volume from 5,000 to 50,000 in increments of 5,000. In w hich interval of production volume does breakeven occur? to units
(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 cell: equal to the location of the production volume in your model.
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