Personal Electronix sells iPads and iPods. The business is divided into two divisions along product lines. CVP income statements for a recent quarters activity are presented below.

Exercise 20-10 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 841,800 597,678 $244,122 iPod Division Total Sales Variable costs Contribution margin Fixed costs Net income $538,200 $1,380,000 904,452 475,548 138,874 $336,674 306,774 $ 231,426 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 VIDEO: SIMILAR EXERCISE