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Use the accompanying ProfitAnalysis spreadsheet model to answer the following questions.
Click here for the Excel Data File
a Use the data table tool to show the impact of quantity ranging from to with unit increments on the total revenues, total costs, and total profits. What are the revenues, costs, and profits for units?
tableTotal revenuesTotal costsTotal profits
b Use the data table tool to show the impact of labor costs ranging from $ to $ with $ increments and price per item ranging from $ to $ with $ increments on the total profits. What is the total profit if the labor costs are $ and the price is $
Note: Round your answers to decimal places.
Total profit
c What is the breakeven quantity using the assumptions in the spreadsheet model?
Note: Round your answer to decimal places.
