A B C D m 71 3 Data Unit sales 20,000 units 15 Selling price per unit $60 per unit Variable expenses per unit $45 per unit Fixed expenses $240,000 8 9 Enter a formula into each of the cells marked with a ? below 0 Review Problem: CVP Relationships 17 2 Compute the CM ratio and variable expense ratio 13 Selling price per unit ? per unit 14 Variable expenses per unit ? per unit 15 Contribution margin per unit ? per unit 16 17 CM ratio ? 18 Variable expense ratio 19 20 Compute the break-even 21 Break-even in unit sales ? units 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 Chapter 5 Form + Ready Accessibility: Good to go\fpplication Assignment i Saved Required information Chapter 5: Applying Excel (Algo) The Chapter 5 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text . Chapter 5: Applying Excel: Exercise (Part 2 of 2) (Algo) 2. Change all of the numbers in the data area of your worksheet so that it looks like this: A B C 1 Chapter 5: Applying Excel 2 3 Data 4 Unit sales 60,000 units 5 Selling price per unit $ 20 per unit 6 Variable expenses per unit $ 14 per unit 7 Fixed expenses $ 180,000 Q Search L (DELLRequired information If your formulas are correct, you should get the correct answers to the following questions. (a) What is the break-even in dollar sales? Break-even in dollar sales (b) What is the margin of safety percentage? Margin of safety percentage (c) What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage Required information Degree of operating leverage 3. Using the degree of operating leverage and without changing anything in your worksheet, calculate the percentag operating income if unit sales increase by 20%. Percentage increase in net operating income % 4. Confirm your calculations in Requirement 3 above by increasing the unit sales in your worksheet by 20% so that the like this: A B C 1 Chapter 5: Applying Excel 2 3 Data 4 Unit sales 72,000 units This question will be sent to your instructor for grading. Required information Chapter 5: Applying Excel (Algo) The Chapter 5 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text . Chapter 5: Applying Excel: Excel Worksheet (Part 1 of 2) (Algo) Download the Applying Excel form and enter formulas in all cells that contain question marks. 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 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. Prev. 1 2 of 7 Next > Q Search