JPL$,$ Incorporated has provided its sales and expense data for the most recent period. The Controller has asked you prepare

a spreadsheet that shows the related CVP Analysis computations.

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

Required:

Use the data to answer the following.

Compute the CM ratio and variable expense ratio.

Compute the break$-$even sales.

Compute the margin of safety.

Compute the degree of operating leverage.