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Blossom Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a recent
Blossom 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 Sales $755,200 MP3 Player Division $424,800 Total $1,180,000 Variable costs 543,744 246,384 790,128 Contribution margin $211,456 $178,416 389,872 Fixed costs 133,812 Net income $256,060 Determine the sales mix percentage based on sales dollars and contribution margin ratio for each division. Sales Mix Percentage Tablet division MP3 Player division % % Contribution Margin Ratio
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