Question: Given the following information complete a CVP analysis for JPL, Inc.: 11,200 units $75 per unit Unit sales Selling price per unit Variable expenses
Given the following information complete a CVP analysis for JPL, Inc.: 11,200 units $75 per unit Unit sales Selling price per unit Variable expenses per unit $45 per unit 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 per unit per unit 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
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Given Unit sales 11200 Selling price per unit 75 Variable expenses per unit 45 Fixed cost 210000 1... View full answer
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