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
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 Sales $780,800 $499,200 $1,280,000 Variable costs 569,984 279.552 849,536 Contribution margin $210,816 $219,648 430,464 Fixed costs 137,883 Net income $292,581 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 %
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Introduction To Health Care Management
Authors: Sharon B. Buchbinder, Nancy H. Shanks
3rd Edition
128408101X, 9781284081015
