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A B 1 2 Given the following information complete CVP analysis for JPL, Inc.: B 4 5 5 Unit sales Selling price per unit Variable expenses per unit Fixed expenses B Required: Use the data to answer the following. с 11,200 units $75 per unit $45 per unit $210,000 D 0 1 2 (Use cells A4 to C7 from the given information to complete this question. All answ 3 4 1. Compute the CM ratio and variable expense ratio. 5 Selling price per unit 6 Variable expenses per unit 7 Contribution margin per unit 8 9 CM ratio 0 Variable expense ratio 1 $75 per unit 45 per unit per unit

A B 1 2 Given the following information complete CVP analysis for JPL, Inc.: B 4 5 5 Unit sales Selling price per unit Variable expenses per unit Fixed expenses B Required: Use the data to answer the following. с 11,200 units $75 per unit $45 per unit $210,000 D 0 1 2 (Use cells A4 to C7 from the given information to complete this question. All answ 3 4 1. Compute the CM ratio and variable expense ratio. 5 Selling price per unit 6 Variable expenses per unit 7 Contribution margin per unit 8 9 CM ratio 0 Variable expense ratio 1 $75 per unit 45 per unit per unit

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1 2 A 3 4 Unit sales 5 Selling price per unit 5 Variable expenses per unit 3 Fixed expenses B 3 B Given the following information complete a CVP analysis for JPL, Inc.: Required: Use the data to answer the following. с 11,200 units $75 per unit $45 per unit $210,000 4 1. Compute the CM ratio and variable expense ratio. 5 Selling price per unit 6 Variable expenses per unit 7 Contribution margin per unit 8 9 CM ratio 20 Variable expense ratio -1 D $75 per unit 45 per unit per unit E F G H 0 1 2 (Use cells A4 to C7 from the given information to complete this question. All answers should be input and displayed as positive values.) 3 I J
Transcribed Image Text:1 2 A 3 4 Unit sales 5 Selling price per unit 5 Variable expenses per unit 3 Fixed expenses B 3 B Given the following information complete a CVP analysis for JPL, Inc.: Required: Use the data to answer the following. с 11,200 units $75 per unit $45 per unit $210,000 4 1. Compute the CM ratio and variable expense ratio. 5 Selling price per unit 6 Variable expenses per unit 7 Contribution margin per unit 8 9 CM ratio 20 Variable expense ratio -1 D $75 per unit 45 per unit per unit E F G H 0 1 2 (Use cells A4 to C7 from the given information to complete this question. All answers should be input and displayed as positive values.) 3 I J
2. Compute the break-even sales. Break-even in unit sales 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 units
Transcribed Image Text:2. Compute the break-even sales. Break-even in unit sales 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 units
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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 $3,300 146.67%
Transcribed Image Text: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 $3,300 146.67%
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