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Mega Electronix sells television sets and Blu-ray DVD players. The business is divided into two divisions along product lines. A variable cost income statement
Mega Electronix sells television sets and Blu-ray DVD players. The business is divided into two divisions along product lines. A variable cost income statement for a recent quarter's activity is presented below: TV Division Blu-ray DVD Player Division Total Sales $918,000 $162,000 $1,080,000 Variable costs 642,600 119,880 762,480 Contribution margin $275,400 $42,120 317,520 Fixed costs 158,760 Operating income $158,760 (a) Your answer is correct. Determine the percentage of sales and the contribution margin for each division. Percentage of sales Contribution margin TV Division DVD Division eTextbook and Media 85 15 do % % do 30 30 % 26 % do Attempts: 1 of 3 used
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