JPL, Incorporated 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.

Given the following information complete a CVP analysis for JPL, Incorporated:

Unit sales	11,200	units
Selling price per unit	$ 75	per unit
Variable expenses per unit	$ 45	per unit
Fixed expenses	$ 210,000

Required:

Use the data to answer the following.

1. Compute the CM ratio and variable expense ratio.
2. Compute the break-even sales.
3. Compute the margin of safety.
4. Compute the degree of operating leverage.

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JPL, Incorporated 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. Given the following information complete a CVP analysis for JPL, Incorporated: Required: Use the data to answer the following. 1. Compute the CM ratio and variable expense ratio. 2. Compute the break-even sales. 3. Compute the margin of safety. 4. Compute the degree of operating leverage. Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. Given the following information complete a CVP analysis for JPL, Incorporated: \begin{tabular}{|l|r|l|} \hline Unit sales & 11,200 & units \\ \hline Selling price per unit & $75 & per unit \\ \hline Variable expenses per unit & $45 & per unit \\ \hline Fixed expenses & $210,000 & \\ \hline \end{tabular} Required: Use the data to answer the following. (Use cells A4 to C7 from the given information to complete this question. All answers should be input and displayed as positive values.) 1. Compute the CM ratio and variable expense ratio. Selling price per unit per unit \begin{tabular}{|l|l|l|} \hline Variable expenses & \\ \hline Contribution margin & \\ \hline Fixed expenses & \\ \hline Net operating income \end{tabular}