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Copy and paste, or type, the following into cells A1:D5 of an Excel spreadsheet: Input data fixed cost 16,000 Units 1,050 variable...

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Question

Statistics

Copy and paste, or type, the following into cells A1:D5 of anExcel spreadsheet:

Input data
fixed cost16,000Units1,050
variable cost per unit4.75revenue=D2*B4
sell price per unit6.5expenses=B2+(B3*D2)
profit=D3-D4

Use Excel's Goal Seek to answer the following question. Assumingthat demand is fixed at 1,050 units, what is the sell price perunit that results in break even?

Enter only the numerical solution. Do

Answer & Explanation Solved by verified expert
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