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E Ch. 19 Homework Question 3 of 5 > - /2 Personal Electronixsells computer tablets and MP3 players. The business is divided into two divisions
E Ch. 19 Homework Question 3 of 5 > - /2 Personal Electronixsells 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. Sales Variable costs Contribution margin Fixed costs Net income Tablet Division $619.000 606,060 $212,940 MP3 Player Division $441,000 251.370 $199.630 Total $1,260,000 857,430 402.570 129,078 $273.492 Determine sales mix percentage and contribution margin ratio for each division Sales Mix Percentage Tablet division 56 MP3 Player division Contribution Margin Ratio Tablet division MP3 Player division e Textbook and Media Calculate the company's weighted average contribution margin ratio. (Round computations and final answer to 2 decimal places, eg. 15.26%) Weighted average contribution margin ratio e Textbook and Media Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to decimal places, 1.526.) Break-even point S e Textbook and Media Determine the sales level in dollars for each division at the break-even point (Round computations to 2 decimal places and final answers to decimal places, eg. 1.526.)
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