2 Given the following information complete a CVP analysis for JPL, Incorporated: 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.) 14 1. Compute the CM ratio and variable expense ratio. Selling price per unit Variable expenses per unit Contribution margin per unit per unit CM ratio Variable expense ratio 2. Compute the break-even sales. \begin{tabular}{l} Break-even in unit sales \\ Break-even in dollar sales \\ \hline \end{tabular} 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