1. Determine the break-even point. 2. Compute the margin of safety and explain its significance. 3. Compute the degree of operating leverage ste 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 Sign In Calibri 11 Paste BIU % Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells Clipboard Font A1 X To Given the following information complete a CVP analysis A B c D E F 1 Given the following information complete a CV analysis 2 for JPL, Inc.: 3 4 Unit sales 5 Selling price per unit 6 Variable expenses per unit 7 Fixed expenses 11 200 units $75 per unit $45 per unit $210,000 8 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 per unit per unit per unit 19. Compute the break-even point 20 break-even in unit sales 21 treak-even in dollar sales units 23. Compute the margin of safety 24 Margin of safety in dollars 25 Margin of safety percentage 26 27 Compute the degree of operating leverage 28 ales 29 ariable expenses 30 Contribution margin 31 fixed expenses 32 let operating income 33 34 Degree of operating leverage 35 37