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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.
Exercise 6-10 (Video) 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. Total Tablet Division $851,200 612,864 MP3 Player Division $478,800 282,492 $1,330,000 895,356 Sales Variable costs Contribution margin Fixed costs Net income $238,336 $196,308 434,644 132,354 $302,290 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 LINK TO TEXT VIDEO: SIMILAR EXERCISE Calculate the company's weighted average contribution margin ratio. (Round computations and final answer to 2 decimal places, e.g. 15.26%.) Weighted average contribution margin ratio LINK TO TEXT VIDEO: SIMILAR EXERCISE Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to O decimal places, e.g. 1,526.) Break-even points LINK TO TEXT VIDEO: SIMILAR EXERCISE 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 " MP3 Player divisionStep by Step Solution
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