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Use Data Tables to perform a Sensitivity Analysis . Assume you are starting a lawn service business. You estimate that you can mow 1,200 lawns
| Use Data Tables to perform a Sensitivity Analysis. | |||||||
| Assume you are starting a lawn service business. You estimate that you can | |||||||
| mow 1,200 lawns per year with the personnel you have. Determine the profit at each price per lawn and cost per lawn using the estimates below (Revenue - Total Variable Costs - Fixed Costs). | |||||||
Please example how step by step using excel formulas.
| Lawns | 1,200 | ||||||
| Price charged per Lawn | $50.00 | ||||||
| Cost per Lawn (Labor & Gas) | $24.00 | ||||||
| Fixed Overhead Costs | $30,000 | ||||||
| Cost per unit | |||||||
| $20.00 | $22.00 | $24.00 | $26.00 | $28.00 | $30.00 | ||
| Price charged per lawn | $35.00 | ||||||
| $40.00 | |||||||
| $45.00 | |||||||
| $50.00 | |||||||
| $55.00 | |||||||
| $60.00 | |||||||
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Personal Finance For Dummies
Authors: Eric Tyson
9th Edition
1119517893, 978-1119517894
