Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help with the following pls and excel 1 Saved Help Sev Required information Chapter 5: Applying Excel The Chapter 5 Form worksheet is to be

help with the following pls image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
and excel 1 Saved Help Sev Required information Chapter 5: Applying Excel The Chapter 5 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text. Chapter 5: Applying Excel: Excel Worksheet (Part 1 of 2) Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B13 enter the formula "=85". After entering formulas in all of the cells that contained question marks, verify that the dollar a 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 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 worksheet to answer the questions in Part 2. download reference file upload a response file (15MB max) Choose File No file chosen Chapter_5_Applying_Excel_Student_Form.xls * fx Chapter 5: Applying Excel 1 Chapter 5: Applying Excel Data Unkalas 5 Selling price per unk 6 Variable expenses per un 7 Foed expenses 20,000 units $60 per unit $45 per unit $240,000 9 Enter a formula into each of the cells marked with a 7 below 10 Review Problem: CVP Relationships 12 Compute the CM radio and variable expense ratio 13 Selling price per unit 14 Variable expenses per unit 15 Contribution margin per unit ? per unit 17 per unit ? per unit 17 CM ratio 18 Variable expense ratio 20 Compute the break-even 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 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 Required information Chapter 5: Applying Excel The Chapter 5 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text. 2:20 Chapter 5: Applying Excel: Exercise (Part 2 of 2) 2. Change all of the numbers in the data area of your worksheet so that it looks like this: 1 Chapter 5: Applying Excel Data Unit sales Selling price per unit Variable expenses per unit per unit Fixed expenses $ $ 50,000 units 60 per unit 24 per unit 5 6 7 1,710,000 If your formulas are correct, you should get the correct answers to the following questions (a) What is the break-even in dollar sales?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Internet Supply Chain Impact On Accounting And Logistics

Authors: D. Chorafas

5th Edition

0333949633, 9780333949634

More Books

Students also viewed these Accounting questions

Question

5. Explain how ERISA protects employees pension rights.

Answered: 1 week ago

Question

8. Describe the main retirement benefits.pg 87

Answered: 1 week ago