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E6-10 Mega Electronix sells television sets and DVD players. The business is divided into two divisions along product lines. CVP income statements for a recent
E6-10 Mega Electronix sells television sets and DVD players. The business is divided into two divisions along product lines. CVP income statements for a recent quarters activity are presented below. TV Division DVD Division Total Sales 600,000 400,000 1,000,000 Variable costs 450,000 240,000 690,000 Contribution margin 150,000 160,000 310,000 Fixed costs 124,000 Net income 186,000 Instructions-EXCEL (a) Determine sales mix percentage and contribution margin ratio for each division
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