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 ? upload a response file (15MB max) download reference file Choose File No file chosen Chapter_5_Applying_Excel_Student_Form.xls save Chapter 5_Applying_Excel_Student_Form Home Insert Page Layout Formulas Data Review View XCut A A General Arial 10 SWrap Text Copy I U A Merge & Center $ 0 .00 .00 0 Paste E Conditional Format Co Format Copy Formatting as Table Sty fx Chapter 5: Applying Excel A1 A C D E F G H J K 1 Chapter 5: Applying Excel 2 3 Data 4 Unit sales 5 Selling price per unit 6 Variable expenses per unit 7 Fixed expenses 20,000 units $60 per unit $45 per unit $240,000 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 ? ? 7 27 28 Compute the degree of operating leverage 29 Sales 30 Variable expenses 31 Contribution margin 32 Fixed expenses 33 Not operating income ? 7 7 34 35 Degree of operating leverage ? 36 37 38 39 40 41 42 43 44 45 46 47 48