Required information Chapter 5: Applying Excel (Algo) The Chapter 5 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text. Chapter 5: Applying Excel: Excel Worksheet (Part 1 of 2) (Algo) Download the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell B13 enter the formula "= B5". After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the example in the text. nces Check your worksheet by changing the fixed expenses to $270,000. If your worksheet is operating properly, the degree of operating leverage should be 10. If you do not get this answer, find the errors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2. Prey. 2 of 7 # Next > aw Q Search end Insert delete DilChapter 5: Applying Excel B C D E Data Unit sales 20,000 units Selling price per unit $60 per unit Variable expenses per unit $45 per unit Fixed expenses $240,000 Enter a formula into each of the cells marked with a ? below Review Problem: CVP Relationships Compute the CM ratio and variable expense ratio Selling price per unit ? per unit 4 Variable expenses per unit ? per unit Contribution margin per unit ? per unit 6 7 CM ratio ? 8 Variable expense ratio ? 19 20 Compute the break-even 21 Break-even in unit sales ? units 22 Break-even in dollar sales 23 24 Compute the margin of safety 25 Margin of safety in dollars 26 Margin of safety percentage 27 28 Compute the degree of operating leverage 29 Sales 30 Variable expenses 31 Contribution margin 32 Fixed expenses\f4 Application Assignment i Saved Required information Chapter 5: Applying Excel (Algo) 2 of 2 The Chapter 5 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text . Chapter 5: Applying Excel: Exercise (Part 2 of 2) (Algo) Book 2. Change all of the numbers in the data area of your worksheet so that it looks like this: erences A B C 1 Chapter 5: Applying Excel 2 3 Data 4 Unit sales 60,000 units 5 Selling price per unit $ 20 per unit 6 Variable expenses per unit $ 14 per unit Fixed expenses $ 180,000 aw Q Search L DELL)Required information If your formulas are correct, you should get the correct answers to the following questions. (a) What is the break-even in dollar sales? Break-even in dollar sales (b) What is the margin of safety percentage? Margin of safety percentage % (c) What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage