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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 quarters

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 $793,800 $466,200 $1,260,000
Variable costs 563,598 256,410 820,008
Contribution margin $230,202 $209,790 439,992
Fixed costs 143,172
Net income $296,820

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 %

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 %

Calculate the companys break-even point in dollars. (Round computations to 2 decimal places and final answer to 0 decimal places, e.g. 1,526.)

Break-even point

$Enter the break-even point in dollars rounded to 0 decimal places

Determine the sales level in dollars for each division at the break-even point. (Round computations to 2 decimal places and final answers to 0 decimal places, e.g. 1,526.)

Break-even point

Tablet division

$Enter a dollar amount

MP3 Player division

$Enter a dollar amount

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