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On the Data Tables - Student tab in your Excel spreadsheet, update the given information section of the Income Statement for Hello Company with the
On the Data Tables - Student tab in your Excel spreadsheet, update the given information section of the Income Statement for Hello Company with the data below: Max Capacity 43, see Income Statement Units Price per unit Variable expense per unit Total Fixed Costs Product A 36,898 $ 11.08 $ 4.99 $20,899 Product B 4,800 $ 7.00 $ 1.ee $49, eee Product C 3,000 $ 60.00 $ 20.00 $10,000 Required: 2. Using the Data Table What-lf Analysis tool in Excel, determine the Units and Operating Income (Loss) for each product based on the following scenarios. (Hint: Don't forget that the warehouse can only hold up to 43.000 units.) Scenario 1: Pete wants to find the mix of units that will result in the highest overall Operating Income, perform this analysis using a two variable data table. Product A can vary between 33,000 units and a maximum of 38.000 units. Product B can vary between 2.000 units and a maximum of 7.000 units. Both Products A and B are manufactured in 1.000-unit increments. The production level of Product Cis the same each month at 3.000 units. SCENARIO 1 Units Operating Income (Loss) Product A Product B Product C $ 0 Scenario 2: Pete wants each product line in the mix to be profitable. Use a One Variable Data Table and then determine the number of units for each product that should be produced to the nearest thousand) to make each product line profitable. Units SCENARIO 2 Product A Operating Income (Loss) Product B Product C 0 $ 3. Based on your calculations above, which scenario creates the highest overall Operating Income for the company? O Scenario 1 O Scenario 2
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