The manager of a small firm is considering whether to produce a new product tnat would require leasing some special equipment at a cost of $20,000 per month. In addition to this leasing cost, a...

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Extracted text: The manager of a small firm is considering whether to produce a new product tnat would require leasing some special equipment at a cost of $20,000 per month. In addition to this leasing cost, a production cost of $10 would be incurred for each unit of the product produced. Each unit is expected to be sold at $20. Develop an excel spreadsheet that would allow management to complete a what-if analysis, wherein the monthly production quantity is the decision variable. Your spreadsheet should display all parameters (i.e., all of the data/numbers), the monthly profit, and the monthly production quantity. (Hint: Make sure that the value of the monthly profit automatically changes whenever you change the monthly production quantity.) Attach your actual excel file spreadsheet in the homework submission. I do not just want to simply see screenshots of your work.