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 .Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell, "-B5" 15 was entered, the formula would output the result from cell B5, or 75 in this example B ic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add), (minus sign to subtract) (asterisk sign to multiply), and/ (forward slash to divide). From the Excel Simulation below, if in a blank cell -B5+B6" was entered, the formula would add the values from those cells and output the result, or 120 in this example. If using the other math symbols the result would output an appropriate answer for its function. points CVP Analysis - Excel Print FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW Sign In Calibri B 1 u- - A Alignment Nbr Conditional Format as Cell Formatting" Table Styles References Paste Number Cells Editing Clipboard Font Al Given the following information complete a CVP analysis 1 Given the following information complete a CVP analysis 2 for JPL 11,200 units 4 Unit sales 5 Selling price per unit 6 Variable expenses per unit 7 Fixed expenses $75 per unit $45 per unit $210,000 9 Use the data to answer the following 10 11 1. Compute the CM ratio and variable expense ratio Clipboard Font Al x v Given the following information complete a CVP analysis 111. Compute the CM ratio and variable expense ratio 12 Selling price per unit 13 Variable expenses per unit 14 Contribution margin per unit 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 15 points per unit per unit per unit eBook units 23 3. Compute the margin of safety 24 Margin of safety in dollars 25 Margin of safety percentage 26 27 4. Compute the de 28 Sales 29 Variable expenses 30 Contribution margin 31 Fixed expenses 32 Net operating income References gree of operating leverage Degree of operating leverag ...Sheet1 100% Attempt(s)