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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

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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 activity are presented below. Tablet Division MP3 Player Division Total Tablet Division MP3 Player Division Total Sales $806,400 $473,600 $1,280,000 Variable costs 580,608 265,216 845,824 Contribution margin $225,792 $208,384 434,176 Fixed costs 137,376 Net income $296,800 Your answer is correct. Determine sales mix percentage and contribution margin ratio for each division. Sales Mix Percentage Tablet division 63% MP3 Player division 37 % Contribution Margin Ratio Tablet division 28 % MP3 Player division 44 % 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 %

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