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" was entered, the formula would output the result from cell B5, or 75 In this example. Basic 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. 3 ? X XB FILE - Sign In AX . HOME Calibri B I be CVP Analysis - Excel PAGE LAYOUT FORMULAS DATA REVIEW VIEW A A $.. Alignment Number Conditional Format as Cell Cells - Formatting - Table - Styles Styles Given the following information complete a CVP analysis INSERT 11 U . B. Font o Paste Clipboard Editing A1 T 4 5 Init sales elling price per unit 'ariable expenses per unit ixed expenses 11,200 units $75 per unit $45 per unit $210,000 7 9 Ise the data to answer the following Compute the CM ratio and variable expense ratio 12 elling price per unit ariable expenses per unit ontribution margin per unit per unit per unit per unit 16 17 M ratio ariable expense ratio . Compute the break-even point reak-even in unit sales reak-even in dollar sales 20 21 units . Compute the margin of safety 24 largin of safety in dollars 25 1argin of safety percentage 27 Compute the deeree of operating leverage ... Sheet1 ... # READY Attempt(s) -- + 100% Show Me Hint 16 17 M ratio ariable expense ratio 19 20 21 .Compute the break-even point reak-even in unit sales reak-even in dollar sales units 23 . Compute the margin of safety 24 1argin of safety in dollars 25 1argin of safety percentage 27 Compute the degree of operating leverage 28 ales 29 ariable expenses 30 ontribution margin ixed expenses let operating income 34 legree of operating leverage Sheet1 - 6 READY - + 100% Show Me Attempt(s) Hint