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Exercise 6-10 (Video) Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for
Exercise 6-10 (Video) Personal 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 Total MP3 Player Division $439,200 259,128 Sales $780,800 554,368 $1,220,000 813,496 Variable costs Contribution margin Fixed costs $226,432 $180,072 406,504 134,946 $271,558 Net income Determine sales mix percentage and contribution margin ratio for each division. Sales Mix Percentage Tablet division 64 % MP3 Player division 36% Contribution Margin Ratio Tablet division 29 % MP3 Player division 41 % Calculate the company's weighted average contribution margin ratio. (Round computations and final answer to 2 decimal places, e.g. 15.26%.) Weighted average contribution margin ratio % LINK TO TEXT VIDEO: SIMILAR EXERCISE Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to 0 decimal places, e.g. 1,526.) Break-even point LINK TO TEXT VIDEO: SIMILAR EXERCISE Determine the sales level in dollars for each division at the break-even point. (Round computations to 2 decimal places and final answers to 0 decimal places, e.g 1,526.) Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to 0 decimal places, e.g. 1,526.) Break-even point LINK TO TEXT VIDEO: SIMILAR EXERCISE Determine the sales level in dollars for each division at the break-even point. (Round computations to 2 decimal places and final answers to 0 decimal places, e.g. 1,526.) Break-even point Tablet division $ MP3 Player division $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE
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