Question
RC Sport assembles and sells low-end hockey goals, designed for youth and recreational hockey. At the moment, the company is buying all of the components
RC Sport assembles and sells low-end hockey goals, designed for youth and recreational hockey. At the moment, the company is buying all of the components required to assemble each hockey goal from an external supplier: the goal frame for $50, padding for $15, and netting for $10. The company employs part-time labor, paid $5 to assemble one goal. The annual fixed cost, consisting of insurance, property taxes, and rent is $20,000. The selling price of one goal is $125. Ignore taxes, and other possibly relevant information not given.
a) Calculate the contribution margin per unit. b) Calculate the annual number of soccer goals that RC Sport needs to sell to break even. c) Construct a table with Number of Units sold, Fixed Cost, Variable Cost, Total Cost, Total Revenue, and Profit in the columns. Fill the units sold column with the following values: 0, 100, 200, 300, 400, 500, 600, 700, 800, 900, and 1000. Fill in the remaining columns with formulas and cell references, as necessary. Insert two Excel Charts, one showing Number of Units (x) and Profit (y), the other showing Number of Units (x), Total Revenue (y1), and Total Cost (y2).
Kindly please work on excel
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