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Personal Electronix sells iPads and iPods. The business is divided into two divisions along product lines. CVPincome statements for a recent quarter's activity are presented

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Personal Electronix sells iPads and iPods. The business is divided into two divisions along product lines. CVPincome statements for a recent quarter's activity are presented below. Sales Variable costs Contribution margin Fixed costs iPad Division $854,000 631.960 $222,040 iPod Division $546,000 300,300 $245,700 Total $1,400,000 932,260 467.740 135,645 $332.095 Net income Determine sales mix percentage and contribution margin ratio for each division (Round answers to decimal places, c.8. 15%) Sales Mix Percentage %6 iPad division Pod division Contribution Margin Ratio iPad division % iPod division % e Textbook and Media Calculate the company's weighted average contribution margin ratio. (Round computations and final answer to 2 decimal places, eg. 15.26%) Weighted average contribution margin ratio 96 e Textbook and Media Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to decimal places, eg. 1,526) Break-even point $ eTextbook and Media Determine the sales level in dollars for each division at the break-even point. (Round computations to 2 decimal places and final answers to decimal places, eg, 1,526) Break-even point IPad division $ Pod division $ e Textbook and Media

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