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The management of Madeira Computing is considering the introduction of a wearable electronic device with the functionality of a laptop computer and phone. The fixed cost to launch this new product is $300,000. The variable cost for the product is expected to be between $160 and $240, with a most likely value of $200 per unit. The product will sell for $300 per unit. Demand for the product is expected to range from 0 to approximately 20,000 units, with 4,000 units the most likely.
a. Develop a what-if spreadsheet model computing profit for this product in the base-case, worst-case, and best-case scenarios.
Please give me the steps in excel for how to input the data into the what-if simulation
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