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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 quarter's

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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 quarter's activity are presented below. Tablet Division MP3 Player Division Total Sales $919,800 $540.200 $1.460,000 Variable costs 671,454 302,512 973,966 Contribution margin $248,346 $237.688 486,034 Fixed costs 136,489 Net income $349,545 Calculate the company's weighted average contribution margin ratio. (Round computations and final answer to 2 decimal places, es. 15.26%) % Weighted average contribution margin ratio e Textbook and Media Save for Later Attempts: 0 of 3 used Submit

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