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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