Question: |Given the following information complete a CVP analysis for JPL, Inc. Unit sales 11,200 units Selling price per unit Variable expenses per unit Fixed expenses


|Given the following information complete a CVP analysis for JPL, Inc. Unit sales 11,200 units Selling price per unit Variable expenses per unit Fixed expenses $75 per unit $45 per unit $210,000 Use the data to answer the following 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 point 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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
