Question
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 | $819,000 | $441,000 | $1,260,000 | |||
| Variable costs | 606,060 | 251,370 | 857,430 | |||
| Contribution margin | $212,940 | $189,630 | 402,570 | |||
| Fixed costs | 129,078 | |||||
| Net income | $273,492 |
(a)
New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.
Determine sales mix percentage and contribution margin ratio for each division.
| Sales Mix Percentage | ||
|---|---|---|
| Tablet division | enter a share of the division in percentages % | |
| MP3 Player division | enter a share of the division in percentages % |
| Contribution Margin Ratio | ||
|---|---|---|
| Tablet division | enter percentages % | |
| MP3 Player division | enter percentages % |
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Challenges In Advanced Management Accounting
Authors: The Open University
1st.0th Edition
B01D8X506Y
