Requirement 3 spreadsheet:

Requirement 4 spreadsheet:

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 1 2 3 4 5 6 7 8 Unit Sales 9,000 16,500 6,000 19,500 4,500 27,000 3,000 7,500 9,000 15,000 10,500 1,500 3,000 6,000 12,000 150,000 Selling Price per Unit $ 29 $ 99 $ 85 $109 $ 19 $119 $ 39 $ 79 $ 69 $ 95 $ 59 $ 65 $ 44 $ 49 $ 89 Variable Cost per Unit $12.95 $68.55 $42.50 $85.00 $ 6.35 $92.00 $14.30 $33.18 $30.36 $77.60 $25.40 $29.00 $12.40 $13.48 $61.83 9 10 11 12 13 14 15 Last year, Lyndia's 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. Click here for a brief tutorial on Goal Seek in Excel. Click here for a a brief tutorial on Charts in Excel. Click here for a brief tutorial on Conditional Formatting in Excel. 3. Refer to the original data (in other words, return cell Q15 to its original value of 0%) and assume the sales mix percentages (as shown in rows 3 and 21) hold constant. a. Using Goal Seek, calculate the total unit sales required to break even. (Hint: Instruct Goal Seek to obtain a net operating income of $0, as shown in cell Q31, by changing the unit sales in cell Q14.) b. What are the dollar sales required to break even? c. What was the company's margin of safety last year? 4. Refer to the original data (in other words, return cell Q14 to its original value of 150,000 units). Assume the sales mix holds constant and the company plans to increase the selling prices of all products by 5%. (Hint: Focus on cell Q16 to input this projection.) a. Using Goal Seek, calculate the total unit sales required to break even. Is your answer greater than, less than, or equal to the answer you obtained in requirement 3a? b. How is the amount in cell B23 calculated? c. Why does the contribution margin ratio shown in cell R29 differ from the corresponding percentage from last year, as shown in cell R9? d. Should the company increase its selling prices by 5% this year? X Answer is complete but not entirely correct. Req Reg 3B Req 3C Req 4A1 Req 4A2 Req 4B Req 40 Req 4D Using Goal Seek, calculate the total unit sales required to break even. (Hint: Instruct Goal Seek to obtain a net operating income of $0, as shown in cell Q31, by changing the unit sales in cell Q14.) Unit sales to break even 106,570 units X Answer is complete but not entirely correct. Req Req 3B Req 30 Req 4A1 Req 4A2 Req 4B Req 4C Req 4D What are the dollar sales required to break even? Dollar sales to break even $ 9,090,909 X X Answer is complete but not entirely correct. Req Req 3B Req 3C Req 4A1 Req 4A2 Req 4B Req 4C Req 4D What was the company's margin of safety last year? Margin of safety last year $ 3,704,091 x X Answer is complete but not entirely correct. Req Req 3B Req 3C Req 4A1 Req 4A2 Req 4B Reg 4C Req 4D Using Goal Seek, calculate the total unit sales required to break even. Unit sales to break even 106,576 X units X Answer is complete but not entirely correct. Req Req 3B Req 3C Req 4A1 Req 4A2 Req 4B 13 Req 40 Req 4D Which of the following statements is true? The answer in Requirement 4a1 greater than the unit sales to break even in requirement 3a because the total fixed expenses did not change and the contribution margin per unit has decreased. is * Answer is complete but not entirely correct. Req Req 3B Reg 3C Req 4A1 Req 4A2 Req 4B 6 Req 4C Req 4D Which of the following statements is true? If the company increases its selling prices by 5%, it will increase profits because the break-even point (in units) at these higher prices is less than the break-even point at the original prices. If the company increases its selling prices by 5%, it will decrease profits even though the break-even point (in units) at these higher prices is less than the break-even point at the original prices. Olf the company increases its selling prices by 5%, the impact on profits will depend on how the price hike affects customer demand.