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 $162,000 Total Sales $918,000 $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 85 % 30 % TV Division 15 % 26 % DVD Division e Textbook and Media Attempts: 1 of 3 used (b) Calculate the company's weighted average contribution margin ratio. (Round answer to 2 decimal places, e.g. 15.25%.) % Weighted-average contribution margin ratio