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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.

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Determine sales mix percentage and contribution margin ratio for each division.

Calculate the companys weighted-average contribution margin ratio. (Round computations and final answer to 2 decimal places, e.g. 15.26%.)

Calculate the companys break-even point in dollars. (Round computations to 2 decimal places and final answer to 0 decimal places, e.g. 1,526.)

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.)

Tablet Division Total MP3 Player Division $465,500 274,645 Sales $864,500 613,795 $1,330,000 888,440 Variable costs $250,705 $190,855 441,560 Contribution margin Fixed costs Net income 134,460 $307,100

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