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Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B13 enter the formula B5.

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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.

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