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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 MP3 Player Total Division Division Sales $864,500 $465,500 $1,330,000 Variable costs 613,795 274,645 888,440 Contribution $250,705 $190,855 441,560 margin Fixed costs 134,460 Net income $307,100 Your answer is partially correct. Try again. 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 Your answer is incorrect. Try again. Calculate the company's weighted average contribution margin ratio. (Round computations and final answer to 2 decimal places, 0.9.15.2016.) Weighted average contribution margin ratio Your answer is incorrect. Try again. Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to decimal places, e.g. 1,526.) Break-even point Your answer is incorrect. Try again. Determine the sales level in dollars for each division at the break-even point. (Round computations to 2 decimal places and final answers to decimal places, 6.g. 1,526.) Break-even point Tablet division MP3 Player division
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