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how do you solve this and input into excel Chapter 2: Exercise 4 You run a manufacturing facility that makes roller skates, Fixed mostly cost

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Chapter 2: Exercise 4 You run a manufacturing facility that makes roller skates, Fixed mostly cost is $50,000 in mortgage, $3,000 per employ on average in salaries (you have 40 employees) and $20,000 in other expenses. The cost of raw materials is $2 per skate, and other costs per skate average to about $1. You sell the skates for $19.95 each. 1. Draw an influence digram leading up to your profit Profit Total Cost Total Reve Price for Total Fixed Cost Total Variable Contat HOR Rentals Variable Cost for Room 2. How many Skates must you sell to breakeven? . Define the random variable X. X = # of Skates Express Total Revenue, Fixed Cost, Variable Cost, Total Cost, and Profit in terms of X. Calculate Breakeven point. Data what i goal seek set cell: Profit Total Revenue = Total Cost - Total Cost Variable Profit 0= (Profit = 0 when breakeven) Total Value: 0 By change cell: # of rooms - Breakeven point 7. If the demand for rooms depends on the price as follows: Demand - 300 - 2"price What price would you charge for a room? Assume that FC is still S1000 and VC is $10/unit, as in the original

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