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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 $884,500 $565,500 $1,450,000 Sales Variable costs 322,335 645,685 968,020 Contribution margin $238,815 $243,165 481,980 Fixed costs 136,284 $345,696 Net income Determine sales mix percentage and contribution margin ratio for each division. Sales Mix Percentage Tablet division % 61 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.) % MP3 Player division 39 ??? Break-even point $ Contribution Margin Ratio Tablet division 27 % MP3 Player division 43 Company's break-even point in dollars Sales Mix Percentage Calculate the company's weighted-average contribution margin ratio. (Round computations and final answer to 2 decimal places, e.g. 15.26%) ??? Break Even sales Weighted-average contribution margin ratio 33.24 %
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