QUESTION 1
Ch. 5 Excel Simulation 1 JPL.Inchas provided its sales 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 5 Boles Cell Reference: Allows you to refer to data from another cet in the worksheet. From the Excel Simulation below, if in a blank coll" 85" 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), fastorisk sign to multiply and forward slosh to divide). From the Excel Simulation below. it in 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 moth symbols the result would output an appropriate answer for its function 024045 ? BS. PRE HOME CV Analysis FORMULAS DATA Book Sign in DNSTRE PAGE LAYOUT VIEW REVIEW 96 Calon Punt Fe Cells Editing Date A Alignment Number Conditional Format al Cell formatting Table Styles References A20 Break even in unit sales D 8 C 1 Given the following information complete a CVP analysis 2 for IPL Inc. 3 & Unit sales 11,200 units 5 Selling price per unit 575 per unit 6 Variable expenses per unit $45 per unit 7 Fixed expenses $210,000 8 9 Use the data to answer the following TO Me Prov 18 Next > Saved 5 Excel Simulation 2 X CVP Analysis - Excel FORMULAS DATA Sign in REVIEW VIEW FILE HOME INSERT PAGE LAYOUT 1 M X 9 Calon 11 Cells Editing Paste BIU Alignment Number Conditional Formatas Cell Formatting Table Styles Styles Font Clipboard Break-even in unit sales A20 F . E D 02:09:56 . Given the following information complete a CVP analysis 2 for JPL, Inc.: 3 Book 11,200 units $75 per unit $45 per unit $210,000 Print 4 Unit sales 5 Selling price per unit 6 Variable expenses per unit 7 Fixed expenses B 9 Use the data to answer the following 10 11 1. Compute the CM ratio and variable expense ratio 12 Selling price per unit 13 Variable expenses per unit 14 Contribution margin per unit 15 References per unit per unit per unit 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 units 5 Excel Sud 20 ' A Cells Editing Paste BIU- 1 Alignment Number Conditional Format as Cell Formatting Table - Styles Styles Font Clipboard E14 > v . B D E 2 02:39:20 units eBook Print 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 References 37 38 Sheet1 100% READY
