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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 for
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 quarters activity is presented below:
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: Sales Variable costs Contribution margin Fixed costs Operating income TV Division $992,000 654,720 $337,280 Blu-ray DVD Player Division $248,000 183,520 $64,480 Total $1,240,000 838,240 401,760 200,880 $200,880 (a) Determine the percentage of sales and the contribution margin for each division. Percentage of sales Contribution margin % % TV Division % % DVD DivisionStep by Step Solution
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