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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 quarters activity are

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.

iPad Division

iPod Division

Total

Sales $755,200 $424,800 $1,180,000
Variable costs 543,744 246,384 790,128
Contribution margin $211,456 $178,416 389,872
Fixed costs 133,151
Net income $256,721

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

enter a percentage number rounded to 0 decimal places %

iPod division

enter a percentage number rounded to 0 decimal places %

Contribution Margin Ratio

iPad division

enter a percentage number rounded to 0 decimal places %

iPod division

enter a percentage number rounded to 0 decimal places %

eTextbook and Media

Calculate the companys weighted-average contribution margin ratio. (Round computations and final answer to 2 decimal places, e.g. 15.26%.)

Weighted-average contribution margin ratio

enter a percentage number of the weighted-average contribution margin ratio rounded to 2 decimal places %

eTextbook and Media

Calculate the companys 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

$enter the break-even point in dollars rounded to 2 decimal places

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 0 decimal places, e.g. 1,526.)

Break-even point

iPad division

$enter a dollar amount rounded to 2 decimal places

iPod division

$enter a dollar amount rounded to 2 decimal places

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