1 Required information Chapter 5: Applying Excel The Chapter 5 Form worksheet is to be used to create your own worksheet version of the Review Problem example in Part 1 of 2 the text. Chapter 5: Applying Excel: Excel Worksheet (Part 1 of 2) Skipped Download the Applying Excel form and enter formulas in all cells that contain question marks. eBook Print For example, in cell B13 enter the formula " B5". After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the example in the text. Check your worksheet by changing the fixed expenses to $270,000. If your worksheet is operating properly, the degree of References operating leverage should be 10. If you do not get this answer, find the errors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2 Office Update To keep up-to-date with security updates, fixes, and improvements, ch fx F36 A C D E Chapter 5: Applying Excel 1 2 3 Data 4 Unit sales 20,000 units $60 per unit Selling price per unit 6 Variable expenses per unit Fixed expenses $45 per unit $240,000 7 8 Enter a formula into each of the cells marked with a ? below 9 10 Review Problem: CVP Relationships 11 12 Compute the CM ratio and variable expense ratio 13 Selling price per unit 14 Variable expenses per unit 15 Contribution margin per unit ? per unit per unit ? per unit 16 17 CM ratio ? 18 Variable expense ratio 19 20 Compute the break-even ? units 21 Break-even in unit sales ? 22 Break-even in dollar sales 23 24 Compute the margin of safety 25 Margin of safety in dollars 26 Margin of safety percentage ? 27 28 Compute the degree of operating leverage 29 Sales ? 30 Variable expenses 31 Contribution margin 32 Fixed expenses 33 Net operating income 7 34 35 Degree of operating leverage ? 36 37 38