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Power on Demand, Inc. sells two models of generators. The two product models and other relevant information is shown below in the income statements for
Power on Demand, Inc. sells two models of generators. The two product models and other relevant information is shown below in the income statements for the most recent operating year of :Power MasterSales$Variable costsContribution margin $Power Smart$$ Fixed costsNet incomeTotal$SRequired:a Determine the sales mix and contribution margin ratio for each model.b Calculate the company's weightedaverage contribution margin ratio.c Calculate the company's breakeven point in dollars.d Determine the sales level, in dollars, for each model at the breakeven point.
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