Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Mega Electronix sells television sets and Blu-ray DVD players. The business is divided into two divisions along product lines. A variable cos Blu-ray DVD
Mega Electronix sells television sets and Blu-ray DVD players. The business is divided into two divisions along product lines. A variable cos Blu-ray DVD Player Division TV Division Total Sales $928,000 $232,000 $1,160,000 Variable costs 593,920 185,600 779,520 Contribution margin $334,080 $46,400 380,480 Fixed costs 190,240 Operating income $190,240 v (a) 2 Your answer has been saved and sent for grading. See Gradebook for score details. Determine the percentage of sales and the contribution margin for each division. Percentage of sales Contribution margin TV Division 80 % 36 % DVD Division 20 % 20 % By accessing this Question Assistance, you will learn while you earn points based on the Point Potental Poliey set by your instructon (a) 2 Your answer has been saved and sent for grading. See Gradebook for score details. Determine the percentage of sales and the contribution margin for each division. Percentage of sales Contribution margin TV Division 80 % 36 % DVD Division 20 % 20 % By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. (b) Caloulate the companys weighted-aversge contribubon margin ratio. (Round ansver to 2 decimal places, eg 15.25) Weighted-average contribution mergin ratio By accestng this Quest onAMstsice, yeu w learn whle you eam points based ort the Point Ptential Policy set by vour inatructor
Step by Step Solution
There are 3 Steps involved in it
Step: 1
b Weighted average contribution margin ratio Contributio...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started