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Can someone please provide me with the exact solution for all the questions. Thank you. Exercise 6-10 Personal Electronix sells iPads and iPods. The business
Can someone please provide me with the exact solution for all the questions. Thank you.
Exercise 6-10 Personal Electronix sells iPads and iPods. The business is divided into two divisions along product lines. CVP income statements for a recent quarter's activity are presented below. iPad Division iPod Division Total Sales Variable costs $748,800 546,624 $421,200 231,660 $1,170,000 778,284 Contribution margin $202,176 $189,540 391,716 Fixed costs 135,259 Net income $256,457 Determine sales mix percentage and contribution margin ratio for each division. (Round answers to 0 decimal places, e.g. 15%.) Sales Mix Percentage iPad division iPod division % % Contribution Margin Ratio iPad division iPod division % % LINK TO TEXT Calculate the company's weighted-average contribution margin ratio. (Round computations and final answer to 2 decimal places, e.g. 15.26%.) Weighted-average contribution margin ratio % LINK TO TEXT Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to 0 decimal places, e.g. 1,526.) $ Break-even point LINK TO TEXT Determine the sales level in dollars for each division at the break-even point. (Round computations to 2 decimal places and final answers to 0 decimal places, e.g. 1,526.) Break-even point iPad division iPod division $ $Step by Step Solution
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