The Gatson manufacturing company has estimated the following components for a new product.
Fixed cost = $50,000
Material cost per unit = $2.15
Labor cost per unit = $2.00
Revenue per unit = $7.50
a. Construct a spreadsheet model and then construct a one-way data table with production volume as the column input and profit as the output. Breakeven occurs when profit is zero. Vary production volume from 0 to 100,000 in increments of 10,000. In which interval of production volume does breakeven occur?
b. Using the appropriate Excel tool, find the exact breakeven point.

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The Answer of The Gatson manufacturing company has estimated the following components for a new product.
Fixed cost = $50,000
Material cost per unit = $2.15
Labor cost per unit = $2.00
Revenue per unit = $7.50
a. Construct a spreadsheet model and then construct a one-way data table with production volume as the column input and profit as the output. Breakeven occurs when profit is zero. Vary production volume from 0 to 100,000 in increments of 10,000. In which interval of production volume does breakeven occur?
b. Using the appropriate Excel tool, find the exact breakeven point.

The Gatson Manufacturing Company Has Estimated the Following Components for a New