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 Bx Sign In Calibri 11 AA % Paste BIU- Alignment Number Conditional Format as Cell Formatting Table Styles- Cells Editing Clipboard Font Styles B12 E x fx A B C D E F 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 11,200 units $75 per unit $45 per unit $210,000 per unit per unit per unit 15 16 CM ratio