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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
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 $841,800 597,678 244,12:2 iPod Division Total Sales Variable costs Contribution margin Fixed costs Net income $538,200 $1,380,000 306,774 904,452 $231,426 475,548 138,874 $336,674 Your answer is partially correct Determine sales mix percentage and contribution margin ratio for each division. (Round answers to 0 decimal places, eg. 15%.) Sales Mix Percentage iPad division 61 | % iPod division 39 | 96 Contribution Margin Ratio iPad division 28 | 96 iPod division 41 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 33.07 | % eTextbook and Media X Your answer is incorrect. Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to O decimal places, e.g. 1,526.) Break-even point 408001 eTextbook and Media X Your answer is incorrect. Determine the sales level in dollars for each division at the break-even point. (Round computations to 2 decimal places and final answers to O decimal places, e.g. 1,526.) Break-even point iPad division $ 248881 iPod division$ 159200
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