2 Given the following information complete a CVP analysis for JPL, Incorporated: \begin{tabular}{|c|l|r|l|} \hline 3 & & & \\ \hline 4 & Unit sales & 11,200 & units \\ \hline 5 & Selling price per unit & $75 & per unit \\ \hline 6 & Variable expenses per unit & $210,000 & per unit \\ \hline 7 & Fixed expenses & & \\ \hline 8 & & & \\ \hline 9 & Required: & \\ 10 & Use the data to answer the following. & \\ \hline 11 & & & \\ \hline 12 & Use cells A4 to C7 from the given information to complete this questic & & \\ \hline \end{tabular} 12 (Use cells A4 to C7 from the given information to complete this question. All answers should be input and displayed as positive values.) 13 14 1. Compute the CM ratio and variable expense ratio. 15 Selling price per unit 16 Variable expenses per unit 17 Contribution margin per unit 18 per unit 19 CM ratio per unit 20 Variable expense ratio 2. Compute the break-even sales. Break-even in unit sales Break-even in dollar sales units 3. Compute the margin of safety. Margin of safety in dollars Margin of safety percentage 4. Compute the degree of operating leverage. Sales Variable expenses Contribution margin Fixed expenses Net operating income Degree of operating leverage