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I NEED THE CELL FORMULAS FOR THIS SPREADSHEET: home / study / business / accounting / accounting questions and answers / Chapter 5: Applying Excel
I NEED THE CELL FORMULAS FOR THIS SPREADSHEET:
home / study / business / accounting / accounting questions and answers / Chapter 5: Applying Excel For Example, In Cell B13 Enter The Formula "=B5". After Entering ...
Question: Chapter 5: Applying Excel For example, in cell B13 enter the formula "=B5". After entering formul...
Chapter 5: Applying Excel
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 $270000. If your worksheet is operating properly, the degree of operating leverage should be 10. If you do not get this answer find the errors and correct it.
Data Unit sales 20,000 units Selling price per unit $60 per unit Variable expenses per unit $45 per unit Fixed expenses $240,000 Enter a formula into each of the cells marked with a ? below 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 ? per unit CM ratio ? Variable expense ratio ? Compute the break-even Break-even in unit sales ? units 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 Sales ? Variable expenses ? Contribution margin ? Fixed expenses ? Net operating income ? Degree of operating leverage ?
Selling price per unit Variable expenses per unit Ans 60 45 15 25% 75% Contribution margin per unit CM RATIO Variable expense ratio Break-even in unit sales 16000 (FixedCost/contribution per unit) Break-even in dollar sales (Break-even in unit salesx selling price per unit 960000 Margin of safety in dollars 240000 (total sales- breaak even sales Margin of safety percentage degree of operating leverage 20% sales variable costs 5 (if fixed expenses is $ 240000 sales-variable costs-fixed costs 10 (if fixed expenses is $ 270000)
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