Given the following information complete a CVP analysis for JPL$,$ Incorporated:

Unit sales $11,200$ units

Selling price per unit $$75$ per unit

Variable expenses per unit $$45$ per unit

Fixed expenses $$210,000$

Required:

Use the data to answer the following.

$($Use cells A$4$ to C$7$ 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 $$75$ per unit

Variable expenses per unit $45$ per unit

Contribution margin per unit $$30$ per unit

CM ratio

Variable expense ratio

$2.$ Compute the break$-$even sales.

Break$-$even in unit sales units

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

Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work.

Nothing in this area will be graded, but it will be submitted with your assignment.