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Instructions You will be using Microsoft Excel to answer this question. Follow the steps below to complete the question. Click here to view a brief

Instructions You will be using Microsoft Excel to answer this question. Follow the steps below to complete the question. Click here to view a brief video demonstrating downloading the Excel file, completing your work in either Excel or Google Sheets, and uploading your response file successfully, with troubleshooting. Alternatively, see written instructions here.image text in transcribed

Student Work Area Required: Provide input into cells shaded in yellow in this template, using mathematical formulas with cell references to the Problem area and the work area as indicated. a. What is the contribution margin per unit for the Stack-o-Choc candy bar? 1 Formula: Multiply, Divide, Subtract; Cell Referencing 2 3 E3.2 - Using Excel for Breakeven Analysis 4 PROBLEM 5 Scott Confectionery sells Stack-o-Choc candy bars, Information 6 concerning the candy bars is presented here. 7 Selling price of each candy bar $ 0.80 9 Variable cost per candy bar 0.45 10 Total fixed costs 175,000 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Contribution margin per unit b. What is the contribution margin ratio for the Stack-o-Choc candy bar? Contribution margin ratio c. What is the breakeven point in units? In sales dollars? Breakeven point in units Breakeven point in sales dollars 25 d. If an increase in chocolate prices causes the variable cost per unit to increase, what will happen to the breakeven point? New variable cost per unit $ 26 27 28 29 30 31 0.55 New breakeven point in units New breakeven point in sales dollars O The breakeven point will by units and by sales dollars. 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46

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