Three entrepreneurs plan to open a copy shop. It costs $5000 per year to rent a copier.
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Question:
Three entrepreneurs plan to open a copy shop. It costs $5000 per year to rent a copier. It costs $0.03 per copy to operate the copier. Other fixed costs of running the store will amount to $400 per month. The planned price per copy is $0.10. The shop will be open 365 days per year. Each copier can make up to 100,000 copies per year. c. Use Goal Seek feature to determine annual break-even point for the use of three rented copiers by changing (1) copy units, (2) unit pricing, (3) per variable costs, and (4) fixed costs.
Please show on Excel with steps. Thank you.
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