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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. Pod Division Total $540,200 $1,460,000 Sales IPad Division $919,800 671,454 $248,346 Variable costs 302,512 $237,688 973,966 486,034 Contribution margin Fixed costs 134,492 Net Income $351,542 Determine sales mix percentage and contribution margin ratio for each division, (Round answers to decimal places, s. 15%) Sales Mix Percentage iPad division iPod division Contribution Margin Ratio iPad division iPod division LLUR y's weighted average contribution margin ratio. (Round computations and final answer to 2 decimal places, s. 15.26% Weighted average contribution margin ratio 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, s. 1,526) Break-even point $ e Textbook 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 $ IPod division $
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