JPL, Inc. has provided its sales and expense data for the most recent period. The Controller has asked you prepare a spreadsheet that shows the related CVP Analysis computations. Use the information included in the Excel Simulation and the Excel functions described below to complete the task.

PLEASE SHOW FORMULA FOR EACH ANSWER ENTERED!

CVP Analysis - Excel HOME INSERT PAGE LAYOUT FORMULAS DATAREVIEW Sign In calibri ?H A- Alignment Number Conditional Format as Cell ell Cells Edit Paste ing Formatting" TableStyles Styles Clipboard r Font A1 ? Given the following information complete a CVP analysis 4 Unit sales 5 Selling price per unit 6 Variable expenses per unit 11,200 units $75 per unit $45 per unit Fixed expenses $210,000 9 Use the data to answer the following 111.Compute the CM ratio and variable expense ratio 12 Selling price per unit 13 Variable expenses per unit 14 15 16 CM ratio 17 Variable expense ratio 18 19 2. Compute the break-even point 20 Break-even in unit sales 21 Break-even in dollar sales per unit n margin per unit 23 3. Compute the margin of safety 24 Margin of safety in dollars 25 Margin of safety percentage 27 4. Compute the degree of operating leverage 28 Sales 29 Variable expenses 30 1 Fixed expenses 2 Net operating income 34 Degree of operating leverage