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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 $888,300 $521,700 $1,410,000 Variable costs 657,342 297,369 954,711 Contribution margin $230,958 $224,331 455,289 Fixed costs 129,160 Net income $326,129 Determine sales mix percentage and contribution margin ratio for each division. Sales Mix Percentage Tablet division % MP3 Player division % Contribution Margin Ratio Tablet division MP3 Player division % 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 eTextbook and Media Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to O decimal places, eg. 1,526.) Break-even point eTextbook and Media Determine the sales level in dollars for each division at the break-even point. (Round computations to 2 decimal places and final answers to O decimal places, e.g. 1,526.) Break-even point Tablet division $ MP3 Player division $
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