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Set up the following cell entries in Excel: Variable cost/unit $1.5 Fixed Cost $90 Selling price/unit $3 Breakeven (units) Breakeven in dollars ($) Using Goal
Set up the following cell entries in Excel: Variable cost/unit $1.5 Fixed Cost $90 Selling price/unit $3 Breakeven (units) Breakeven in dollars ($) Using Goal Seek, what should the selling price per unit be in order to realize a breakeven amount of $200? (Hint: This is a tricky question. It requires two steps to solve it, and requires Excel) (round to 2 decimal places)
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