Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a recent quarters activity are presented below. Tablet Division MP3 Player Division Total Sales $841,800 $538,200 $1,380,000 Variable costs 597,678 306,774 904,452 Contribution margin $244,122 $231,426 475,548 Fixed costs 137,840 Net income

Calculate the companys weighted-average contribution margin ratio. (Round computations and final answer to 2 decimal places, e.g. 15.26%.)

Weighted-average contribution margin ratio

Enter the weighted-average contribution margin ratio in percentages rounded to 2 decimal places %