A B 14 1. Compute the CM ratio and variable expense ratio. 15 Selling price per unit 16 Variable expenses per unit Contribution margin per unit 17 18 19 CM ratio 20 Variable expense ratio 21 22 2. Compute the break-even sales. 23 Break-even in unit sales 24 Break-even in dollar sales 25 26 3. Compute the margin of safety. 27 Margin of safety in dollars 28 Margin of safety percentage 29 30 4. Compute the degree of operating leverage. 31 Sales 32 Variable expenses 33 Contribution margin 34 35 36 37 38 39 Fixed expenses Net operating income Degree of operating leverage $75 45 $30 40% 60% 7,000 $525,000 с per unit per unit per unit units D

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Hi,

I need help solving for the missing values (cells are highlighted yellow without green checkmark). I can't figure out how to proceed.

This is an Excel problem. Please provide the cell references with your answer.

Thank you.

A
7
8
B
1
2 Given the following information complete a CVP analysis for JPL, Inc.:
3
4 Unit sales
5 Selling price per unit
6 Variable expenses per unit
Fixed expenses
Required:
Use the data to answer the following.
C
11,200
$75
$45
$210,000
units
per unit
per unit
D
E
F
G
H
9
10
11
12 (Use cells A4 to C7 from the given information to complete this question. All answers should be input and displayed as positive values.)
Transcribed Image Text:A 7 8 B 1 2 Given the following information complete a CVP analysis for JPL, Inc.: 3 4 Unit sales 5 Selling price per unit 6 Variable expenses per unit Fixed expenses Required: Use the data to answer the following. C 11,200 $75 $45 $210,000 units per unit per unit D E F G H 9 10 11 12 (Use cells A4 to C7 from the given information to complete this question. All answers should be input and displayed as positive values.)
A
B
14 1. Compute the CM ratio and variable expense ratio.
15 Selling price per unit
16 Variable expenses per unit
Contribution margin per unit
17
18
19 CM ratio
20 Variable expense ratio
21
22 2. Compute the break-even sales.
23 Break-even in unit sales
24 Break-even in dollar sales
25
26 3. Compute the margin of safety.
27 Margin of safety in dollars
28 Margin of safety percentage
29
30 4. Compute the degree of operating leverage.
31 Sales
32 Variable expenses
33 Contribution margin
34
35
36
37
38
39
40
Fixed expenses
Net operating income
Degree of operating leverage
$75
45
$30
40%
60%
7,000
$525,000
с
per unit
per unit
per unit
units
D
Transcribed Image Text:A B 14 1. Compute the CM ratio and variable expense ratio. 15 Selling price per unit 16 Variable expenses per unit Contribution margin per unit 17 18 19 CM ratio 20 Variable expense ratio 21 22 2. Compute the break-even sales. 23 Break-even in unit sales 24 Break-even in dollar sales 25 26 3. Compute the margin of safety. 27 Margin of safety in dollars 28 Margin of safety percentage 29 30 4. Compute the degree of operating leverage. 31 Sales 32 Variable expenses 33 Contribution margin 34 35 36 37 38 39 40 Fixed expenses Net operating income Degree of operating leverage $75 45 $30 40% 60% 7,000 $525,000 с per unit per unit per unit units D
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