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.

B D A 1 Chapter 6: Applying Excel 2 3 Data 4 Unit sales 20,000 units 5 Selling price per unit $60 per unit 6 Variable expenses per unit $45 per unit 7 Fixed expenses $240,000 8 9 Enter a formula into each of the cells marked with a ? below 10 Review Problem: CVP Relationships 11 12 Compute the CM ratio and variable expense ratio 13 Selling price per unit ? per unit 14 Variable expenses per unit ? per unit 15 Contribution margin per unit 2 per unit 16 17 CM ratio ? 18 Variable expense ratio ? 19 20 Compute the break-even 21 Break-even in unit sales ? units 22 Break-even in dollar sales ? 23 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 ? ? ? ? 34 35 Degree of operating leverage