Question: Accessibility tab summary: Financial information for JPL incorporated, is presented in cells A4 to C7. A statement for requirement 1 is presented in rows 9
| Accessibility tab summary: Financial information for JPL incorporated, is presented in cells A4 to C7. A statement for requirement 1 is presented in rows 9 to 14. A table for student presentation is presented in cells A15 to C17 and A19 to B20. A statement for requirement 2 is presented in row 22. A table for student presentation is presented in cells A23 to C24. A statement for requirement 3 is presented in row 26. A table for student presentation is presented in cells A27 to B28. A statement for requirement 4 is presented in row 30. A table for student presentation is presented in cells A31 to B35 and row 37. | |
| Given the following information complete a CVP analysis for JPL, Inc.: | |
| Unit sales | 11,200 |
| Selling price per unit | $75 |
| Variable expenses per unit | $45 |
| Fixed expenses | $210,000 |
| 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 | |
| Variable expenses per unit | |
| Contribution margin per unit | |
| CM ratio | |
| Variable expense ratio | |
| 2. Compute the break-even sales. | |
| Break-even in unit sales | |
| Break-even in dollar sales | |
| 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 | |
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