1. Determine the break-even point. 2. Compute the margin of safety and explain its significance. 3. Compute the degree of operating leverage at a particular level of sales and explain how it can be used to predict changes in net operating income. CVP Analysis - Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW 11 % BIU- - Alignment Number Font Conditional Format as Cell Formatting Table Styles Styles Cells Editing Paste Clipboard Calibri A1 A fx Given the following information complete a CVP analysis B C D 11,200 units $75 per unit $45 per unit $210,000 1 Given the following information complete a CVP analysis 2 for JPL, Inc.: 3 4 Unit sales 5 Selling price per unit 6 Variable expenses per unit 7 Fixed expenses 8 9 Use the data to answer the following. 10 11 1. Compute the CM ratio and variable expense ratio 12 Selling price per unit 13 Variable expenses per unit 14 Contribution margin per unit 15 16 CM ratio 17 Variable expense ratio 18 19 2. Compute the break-even point 20 Break-even in unit sales 21 Break-even in dollar sales 22 23 3. Compute the margin of safety 24 Margin of safety in dollars 25 Margin of safety percentage 26 READY Attempt(s) Sheet1 per unit per unit per unit units E F Sign In < > + 69% Hint Show Me