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14 of 14 View Policies Current Attempt in Progress Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along
14 of 14 View Policies Current Attempt in Progress Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a recent quarter's activity are presented below. Tablet Division MP3 Player Division Total Sales $600,000 $400,000 $1,000,000 Variable costs 420.000 260,000 680.000 Contribution margin $180,000 $140,000 320,000 Fixed costs 120,000 Net income $200,000 Determine sales mix percentage and contribution margin ratio for each division. Sales Mix Percentage Tablet division Determine sales mix percentage and contribution margin ratio for each division. Tablet division MP3 Player division Tablet division MP3 Player division Sales Mix Percentage Contribution Margin Ratio eTextbook and Media Calculate the company's weighted average contribution margin ratio. (Round computations and final answer to 2 decimal places, eg C
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