Chapter 5: Applying Excel ...
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Accounting
Chapter 5: Applying Excel | ||
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 |
Variable expenses per unit | ? | per unit |
Contribution margin per unit | ? | per unit |
CM ratio | ? | |
Variable expense ratio | ? | |
Compute the break-even | ||
Break-even in unit sales | ? | units |
Break-even in dollar sales | ? | |
Compute the margin of safety | ||
Margin of safety in dollars | ? | |
Margin of safety percentage | ? | |
Compute the degree of operating leverage | ||
Sales | ? | |
Variable expenses | ? | |
Contribution margin | ? | |
Fixed expenses | ? | |
Net operating income | ? | |
Degree of operating leverage | ? |
enter formulas in all cells that contain question marks.
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