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On Excel , solve the following and show each cell's work A B C E F G H I M a) Given the data below
On Excel, solve the following and show each cell's work
A B C E F G H I M a) Given the data below what is the breakeven sales 1 volume? - Selling Price =$28/ unit - Cost of raw material =$7/ unit 2 - Cost of Direct labor =$5/ unit - Fixed costs =$30,000/ year - Sales Volume =11,000 units/year \begin{tabular}{|c|} \hline 4 \\ \hline 5 \\ \hline 6 \\ \hline 7 \\ \hline 8 \\ \hline 9 \\ \hline 10 \\ \hline 11 \\ \hline 12 \\ \hline 13 \\ \hline 14 \\ \hline 15 \\ \hline 16 \\ \hline 17 \\ \hline 18 \\ \hline 19 \\ \hline \end{tabular} b) Find the Breakeven \$/unit. Find net income and then solve for what \$/unit would make that zero. Input \begin{tabular}{|l|c|l|} \hline Units Sold & 3,200 & units/yr. \\ \hline Price they are sold & $82.00 & $/ unit \\ \hline How long labor takes to make product & 37 & minute \\ \hline Labor cost per hour to produce product & $236.00 & $/hr. \\ \hline Cost of the materials & $28.00 & $/ unit \\ \hline Insurance & $420.00 & $/ month \\ \hline Management Salary & ###### & $/ year \\ \hline Renting the space & $3,200.00 & $/ month \\ \hline Tax rate & 35% & \\ \hline \end{tabular}Step by Step Solution
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