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		$762,600		$467,400		$1,230,000
Variable costs		541,446		257,070		798,516
Contribution margin		$221,154		$210,330		431,484
Fixed costs						143,828
Net income						$287,656

(a)

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Determine sales mix percentage and contribution margin ratio for each division.

		Sales Mix Percentage
Tablet division		Enter percentages %
MP3 Player division		Enter percentages %

		Contribution Margin Ratio
Tablet division		Enter percentages %
MP3 Player division		Enter percentages %

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(b)

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