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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 $755,200 $424,800 $1,180,000 Variable costs 543,744 246,384 790,128 Contribution margin $211,456 $178,416 389,872 Fixed costs 133,812 Net income $256,060 X Your answer is incorrect. Calculate the company's weighted average contribution margin ratio. (Round computations and final answer to 2 decimal places, eg. 15.26%) Weighted average contribution margin ratio % e Textbook and Media Solution Your Answer Correct Answer X Your answer is incorrect. Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to decimal places eg. 1,526) Break-even point * 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 decimal places, eg. 1,526.) Break-even point Tablet division MP3 Player division
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