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Please solve. Sunland Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a
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Sunland 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. Your answer is correct. Determine the sales mix percentage based on sales dollars and contribution margin ratio for each division. Calculate the company's weighted-average contribution margin ratio. (Do not round intermediate calculations; report final answer as a percentage rounded to 2 decimal places, e.g. 15.26\%.) Weighted-average contribution margin ratio %Step by Step Solution
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