Lyndia Company is a merchandiser that sells a total of 15 products to its customers. The company provided the following information from last year:

Product	Unit Sales			Selling Price per Unit			Variable Cost per Unit
1		9,000		$	29		$	12.95
2		16,500		$	99		$	68.55
3		6,000		$	85		$	42.50
4		19,500		$	109		$	85.00
5		4,500		$	19		$	6.35
6		27,000		$	119		$	92.00
7		3,000		$	39		$	14.30
8		7,500		$	79		$	33.18
9		9,000		$	69		$	30.36
10		15,000		$	95		$	77.60
11		10,500		$	59		$	25.40
12		1,500		$	65		$	29.00
13		3,000		$	44		$	12.40
14		6,000		$	49		$	13.48
15		12,000		$	89		$	61.83
		150,000

Last year, Lyndias total fixed expenses and net operating income were $3,000,000 and $1,223,070, respectively. The company would like your assistance in developing some financial projections for this year. Click here to download the Excel template, which you will use to answer the questions that follow.

Required: 1. To confirm your understanding of the spreadsheets design, answer the following questions with respect to last year: a. How is the percentage in cell B3 calculated? Why do you think specifying the sales mix percentages for all products is important? b. How are the amounts in cells B7, B8, and B9 calculated? c. How are the amounts in cells Q7, Q8, and Q9 calculated? d. How is the amount in cell Q11 calculated? e. How are the percentages in cells R8 and R9 calculated? f. How is the amount in cell S9 calculated?