ht Righetti Homes, a custom home builder in Arizona, is currently offering three models in a newly developed residential neighborhood in Scottsdale. The accompanying Specs worksheet includes the information about the three models, including selling prices, material costs, labor costs, buyer incentives (percent of the selling price), and average buyer upgrades (percent of the selling price). Righetti Homes plans to build 50 homes in the neighborhood, and it would like to estimate its total sales and profits in the new residential neighborhood. Click here for the Excel Data File a. Build a spreadsheet model to help Righetti Homes estimate its total sales and profits in the new residential neighborhood. If Righetti Homes builds 10 Model A homes, what are the total sales, costs, and profits for these homes? Total sales Total costs 4,017,000 3,302,550 Total profits rences 714,450 b. Based on initial market analysis, Righetti Homes projects that it will build 15 model A homes, 25 model B homes, and 20 model C homes. What are the total sales and profits for Righetti Homes for the neighborhood? Total sales Total profits 31,872,500 3,821,545 1 3 Selling Price 4 Material Costs 5 Labor Costs 6 Buyer Incentives (percent of the selling price) 7 Average Buyer Upgrades (percent of the selling price) 8 Total Cost 9 Total Sales 10 total profit Model A Model B Model C 401,700 514,200 649,600 120,000 150,000 200,000 150,000 200,000 330,000 3% 5% 6% 12% 10% 8%