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Must be done in excel. please solve in excel. 11. Ms. Jane Kim, purchasing manager of Kuantan ATV, Inc, is negotiating a contract to buy

Must be done in excel. please solve in excel. image text in transcribed
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11. Ms. Jane Kim, purchasing manager of Kuantan ATV, Inc, is negotiating a contract to buy 20,000 units of a common component part from a supplier. Jane has done a preliminary cost analysis on manufacturing the part in-house and concluded that she would need to invest $50,000 in capital equipment and incur a variable cost of $25 per unit to manufacture the part in-house. Assuming the total fixed cost to draft a contract with her supplier is $1,000, what is the maximum purchase price that she should negotiate with her supplier? What other factors should she negotiate with the suppliers? Must submit an excel sheet, and let excel perform your calculations - this will be expected in your business career

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