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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
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 Total MP3 Player Division $471,600 259,380 $838,400 620,416 $1,310,000 879,796 Sales Variable costs Contribution margin Fixed costs $217,984 $212,220 430,204 133,002 $297,202 Net income Determine sales mix percentage and contribution margin ratio for each division. Sales Mix Percentage Tablet division 64 % MP3 Player division 36 % Contribution Margin Ratio Tablet division 36 % MP3 Player division 45 % 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 0 decimal places, e.g. 1,526.) Break-even point $ 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 division Click if you would like to Show Work for this question: Open Show Work
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