CVP Analysis using Excel's Basic Math Functions JPL, Inc. has provided its sales and expense data for the most recent period. The Controller has asked you prepare a spreadsheet that shows the related CVP Analysis computations. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell, "-B5" was entered, the formula would output the result from cell B5, or 75 in this example. . Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys:+ (plus sign to add),-(minus sign to subtract), . (asterisk sign to multiply, and / (forward slash to divide). From the Excel Simulation below, if in a blank cell "-B5+B6" was entered, the formula would add the values from those cells and output the result, or 120 in this example. If using the other math symbols the result would output an appropriate answer for its function 1 Siven the following information complete a CVF analysis 2 or JPL, Inc.: 4 Jnit sales 5 Selling price per unit 6 /ariable expenses per unit 7 ixed expenses 11,200 units 575 per unit 545 per unit $210,000 9Jse the data to answer the following 10 11 L Compute the CM ratio and variable expense ratio 12 elling price per unit 13 /ariable expenses per unit 14 Contribution margin per unit 15 16 CM ratio per unit per unit per unit 17 /ariable expense ratio 18 192.Compute the break-even point 20 reak-even in unit sales 21 reak-even in dollar sales units 23 3. Compute the margin of safety 24 Margin of safety in dollars Sheetl... (+ 27Compute the degree of operating leverage 28 Sales 29 /ariable expenses 30 Contribution margin 31 Fixed expenses 82 et operating income 34 Degree of operating leverage 35 36 37 38