Question
Cullumber Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a recent quarters
Cullumber Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a recent quarters activity are presented below.
Tablet Division | MP3 Player Division | Total | ||||
---|---|---|---|---|---|---|
Sales | $ 835,700 | $ 534,300 | $ 1,370,000 | |||
Variable costs | 618,418 | 304,551 | 922,969 | |||
Contribution margin | $ 217,282 | $ 229,749 | 447,031 | |||
Fixed costs | 133,783 | |||||
Net income | $ 313,248 |
Determine the sales mix percentage based on sales dollars and contribution margin ratio for each division.
Sales Mix Percentage | ||
---|---|---|
Tablet division | enter percentages % | |
MP3 Player division | enter percentages % |
Contribution Margin Ratio | ||
---|---|---|
Tablet division | enter percentages % | |
MP3 Player division | enter percentages % |
eTextbook and Media
Calculate the companys weighted-average contribution margin ratio. (Do not round intermediate calculations; report final answer as a percentage rounded to 2 decimal places, e.g. 15.26%.)
Weighted-average contribution margin ratio | enter the weighted-average contribution margin ratio in percentages rounded to 2 decimal places % |
eTextbook and Media
Calculate the companys break-even point in sales dollars. (Do not round intermediate calculations; round final answer to 0 decimal places, e.g. 1,526.)
Break-even point | $ enter the break-even point in dollars rounded to 0 decimal places |
eTextbook and Media
Determine the sales level in dollars for each division at the break-even point. (Do not round intermediate calculations; round final answer to 0 decimal points, e.g. 1,526.)
Break-even point | ||
---|---|---|
Tablet division | $ enter a dollar amount | |
MP3 Player division | $ enter a dollar amount |
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