JPL, Inc. 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. Use the information included in the Excel Simulation and the Excel functions described below to complete the task.

JPL, Inc. 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.  Use the information included in the Excel Simulation and the Excel functions described below to complete the task.

• Cell Reference:  Allows you to refer to data from another cell in the worksheet.  From the Excel Simulation below, if in a blank cell, “=B5” was entered, the formula would output the result from cell B5, or 75 in this example.
• Basic Math functions:  Allows you to use the basic math symbols to perform mathematical functions.  You can use the following keys:  + (plus sign to add), - (minus sign to subtract), * (asterisk sign to multiply), and / (forward slash to divide).  From the Excel Simulation below, if in a blank cell “=B5+B6” was entered, the formula would add the values from those cells and output the result, or 120 in this example.  If using the other math symbols the result would output an appropriate answer for its function.

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