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8 points Save Answer Suggested time: 14 mins Personal Electronic sales iPads and iPods. The business is divided into divisions along product lines. Cost
8 points Save Answer Suggested time: 14 mins Personal Electronic sales iPads and iPods. The business is divided into divisions along product lines. Cost volume profit income statements for a recent quarter's activity are presented below: Details Sales Variable costs Total $1,000,000 iPad division iPod division $600,000 $400,000 $420,000 $260,000 $680,000 Contribution margin $180,000 $140,000 $320,000 Fixed cost $120,000 Net Income $200,000 Sales Mix 60% 40% Contribution margin ratio 30% 35% REQUIRED A. Calculate Break-even sales in dollars of Personal Electronic. [4 marks] B. Calculate Break-even sales in dollars of iPad division and iPod division. [4 marks] For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph L Arial 10pt L A V > IX
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