For example, in cell 813 enter the formula B5 After entering formulas in all of the cells that contained question marks, verity 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. Data Unit sales Selling price per unit Variable expenses per unit Fixed expenses Enter a formula into each of the cells marked with a ? below 20,000 units $60 per unit $45 per unit $240,000 Review Problem: CVP Relationships Compute the CM ratio and variable expense ratio Selling price per unit ? per unit Variable expenses per unit ? per unit Contribution margin per unit CM ratio Variable expense ratio Compute the break-even Break-even in unit sales Break-even in dollar sales Compute the margin of safety Margin of safety in dollars Margin of safety percentage Compute the degree of operating leverage ? per unit ? ? ? units ? ? ? 12 Compute the CM ratio and variable expense ratio 13 Selling price per unit 4 Variable expenses per unit 5 Contribution margin per unit 6 7 CM ratio 8 Variable expense ratio 9 Compute the break-even 1 Break-even in unit sales 2 Break-even in dollar sales B Compute the margin of safety Margin of safety in dollars Margin of safety percentage Compute the degree of operating leverage Sales Variable expenses Contribution margin Fixed expenses Net operating income Degree of operating leverage ? per unit ? per unit ? per unit ?? ? units