JPL, Inc. has provided its soles and expense data for the most recent period. The Controller hos 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 **85* was entered the formula would output the result from cell B5, or 75 in this example, Bosle Moth functions: Allows you to use the basic math symbols to perform mathematical functions You can use the following keys- (plus sign to ode) - (minus sign to subtract) * (asterisk sign to multiply), and / (forward slosh 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 00 7 5 FILE CVP Analysis - Excel FORMULAS DATA 5 X Sign in HOME INSERT PAGE LAYOUT REVIEW VILW Caliber H Paste AN 9 A Alignment Number Conditional Format Cell Formatting Table Styles 32 BTU Cell Editing Cipboard fond le B28 C D 40% 60% A 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 7,000 units $525,000 B C D 40% 60% 7,000 units $525,000 $315,000 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 22 23 3. Compute the margin of safety 24 Margin of safety in dollars 25 Margin of safety percentage 26 27 4. Compute the degree of operating leverage 28 Sales 29 Variable expenses 30 Contribution margin 31 Fixed expenses 32 Net operating income 33 34 Degree of operating leverage 35 36 37