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- Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a recent

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- 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 MP3 Player Division Total d Sales $831,600 $488,400 $1,320,000 Variable costs 590.436 268,620 859,056 Contribution margin $241.164 $219.780 460,944 Fixed costs 141,426 Net Income $319,518 (a) Your answer is correct Determine sales mix percentage and contribution margin ratio for each division Sales Mix Percentage Tablet division 6 MP3 Player division 37 3 Contribution Margin Ratio Tablet division 29 MP3 Player division % Calculate the company's weighted average contribution margin ratio. (Round computations and final answer to 2 decimal places, eg. 15.26%.) Weighted average contribution margin ratio % eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above. The parts of this question must be completed in order. This part will be available when you complete the part above

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