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Excel Analytics 05-01 (Static) Cost-Volume-Profit Relationships [LO5-2, LO5-4, LO5-5, LO5-6, LO5-8] To complete this activity, you will need to have Excel installed on your computer.

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Excel Analytics 05-01 (Static) Cost-Volume-Profit Relationships [LO5-2, LO5-4, LO5-5, LO5-6, LO5-8] To complete this activity, you will need to have Excel installed on your computer. This exercise requires you to work in Excel and answer questions in Connect. You will read a brief scenario and then download an Excel file that you will need to complete the requirements in Parts 1,2 , and 3 of this exercise. Some of the requirements include brief video tutorials on using Excel functions. After viewing the tutorials, you will then use what you learned to work directly in Excel to answer the required questions in Connect. [The following information applies to the questions displayed below.] Donaldson Company's contribution format income statement for the most recent month is shown below: The company sold 40,000 units in its most recent month and its relevant range of production is 30,000 to 50,000 units. Using Microsoft Excel Goal Seek: a. Calculate the unit sales required to break even. b. Calculate the unit sales required to attain a target profit of $25,000. What would be the company's margin of safety at this level of sales? c. Calculate the unit sales required to attain a margin of safety of $75,000. Using Microsoft Excel Solver: a. Calculate the unit sales required to attain a margin of safety percentage of 15%. b. Restore the original values in your Excel file. Calculate the unit sales required to attain an 8% profit margin

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