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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. Tablet Division MP3 Player Total Division $565,500 $1,450,000 322,335 968,020 $884,500 645,685 $238,815 $243,165 Sales Variable costs Contribution margin Fixed costs Net income 481,980 136,284 $345,696 dy 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 Version 4.24 20.1 Sonne LINK TO TEXT CALCULATOR FULL SCREEN PRINTER VERSION BACK 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 9 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 o 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 decimal places e.g. 1,526.) Break-even point Tablet division MP3 Player division
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