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Microsoft Goal Seek Calculations

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Given attached balance sheet data, use MS GoalSeek to calculate.

1. Sales units needed to produce net income of $5,000
2. Sales price per unit needed to produce net income of $5,000 with 10,000 units.
3. Total variable cost per unit needed to produce net income of $5,000 with 10,000 units at a sales price of $2 each.
4. Sales units at a price of $2 each needed to produce net income of $10,000 given an increase of $5,000 in advertising

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The solution provides a detailed explanation of how to use goal seek in Excel in making calculations.

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