Download the Applying Excel form and enter formulas in all cells that contain question marks. of 2 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. ed 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. nces download reference file upload a response file (15MB max) Choose File No file chosen MLS Chapter_5_Applying_Excel_Student_Form.xls Save LILCI UN Page Layout Arial IU Formulas Data 10 - A- A Review = = View = der Home Insert A, Xcut Copy Paste B Format A1 x So Wrap Text E Merge & Center f x Chapter 5: Applying Excel A 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 9 Enter a formula into each of the cells marked with a ? below 10 Review Problem: CVP Relationships 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 20 Compute the break-even 21 Break-even in unit sales 22 Break-even in dollar sales units ? ? 2 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 35 Degree of operating leverage