Exercise 15-18 Algo Use the accompanying Profit_Analysis spreadsheet model to answer the following questions.

a)Use the data table tool to show the impact of quantity ranging from 1,500 to 5,800 with 500 unit increments on the total revenues, total costs, and total profits. What are the revenues, costs, and profits for 4,300 units?

b)Use the data table tool to show the impact of labor costs ranging from $5.00 to $8.00 with $0.50 increments and price per item ranging from $10.99 to $15.99 with $1.00 increments on the total profits. What is the total profit if the labor costs are $6.50, and the price is $14.99? c)What is the breakeven quantity using the assumptions in the spreadsheet model?

d)What is the quantity needed if the company wants to achieve a profit of $27,120, using the assumptions in the spreadsheet model?

\begin{tabular}{l|l|rr|} & \multicolumn{1}{c|}{A} & \multicolumn{2}{c}{ B } \\ \cline { 3 - 4 } 1 & Assumptions: & & \\ \hline 2 & Fixed cost: & $5,800.00 \\ 3 & Material costs per item: & $ & 2.25 \\ 4 & Labor costs per item: & $ & 6.50 \\ 5 & Shipping costs per 100 items: & $ & 200.00 \\ 6 & Price per item: & $ & 12.99 \\ 7 & Quantity: & & 2800 \\ \hline 8 & & & \\ \hline 9 & Outputs: & & \\ \hline 10 & Total revenues: & $36,372.00 \\ 11 & Total costs: & $35,900.00 \\ 12 & Total profits: & $ & 472.00 \\ \hline \end{tabular}