Please solve the following problem using Excel commands
Please solve the following problem using the excel spreadsheet command. Also see the attached documents for instructions and example of typical problem solved.
SkiCo, Inc. manufacturers ski boots. The Company’s projected income for coming year, based on sales of 160,000 units, is as follows:
sales…………………………………………………….$16,000,000
Operating expenses:
Variables expenses…………..$4,000,000
Fixed expenses………………..$6,000,000
Total expenses………………………………………$10,000,000
Net income……………………………………………..$6,000,000
Required: in completing the following requirements, ignore income taxes.
question 1: Prepare a CVP graph for SkiCo, Inc., for the coming year
question 2: Calculate the firm,s break even point for the year in sales dollars
Question 3: what is the company’s margin of safety for the year?Step by step guidelines.pdf example of typical problem solved.pdf