Question
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.
| Tablet Division | MP3 Player Division | Total | ||||
|---|---|---|---|---|---|---|
| Sales | $793,800 | $466,200 | $1,260,000 | |||
| Variable costs | 563,598 | 256,410 | 820,008 | |||
| Contribution margin | $230,202 | $209,790 | 439,992 | |||
| Fixed costs | 143,172 | |||||
| Net income | $296,820 |
Determine sales mix percentage and contribution margin ratio for each division.
| Sales Mix Percentage | ||
|---|---|---|
| Tablet division | Enter percentages % | |
| MP3 Player division | Enter percentages % |
| Contribution Margin Ratio | ||
|---|---|---|
| Tablet division | Enter percentages % | |
| MP3 Player division | Enter percentages % |
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
9th Edition
1119754054, 9781119754053
