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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
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 $787,500 $462,500 $1,250,000 Variable costs 574,875 254,375 829,250 Contribution margin $212,625 $208,125 420,750 Fixed costs 138,006 Net income. $282,744
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