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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 MP3 Player Division Total Sales $884.500 $565,500 $1,450,000 Variable costs 645,685 322,335 968,020 Contribution margin $238,815 $243,165 481.980 Fixed costs 136.284 Net income $345,696 Your answer is correct. Determine sales mix percentage and contribution margin ratio for each division. Sales Mix Percentage Tablet division 61 % MP3 Player division 39 % Contribution Margin Ratio Tablet division 27 % MP3 Player division 43 % * Your answer is incorrect. 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 33.24410, % e Textbook and Media Your answer is correct. 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 $ 410,000 e Textbook and Media X Your answer is incorrect. X Your answer is incorrect. 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 $ e Textbook and Media
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