Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 4 Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a

Question 4

Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a recent quarters activity are presented below.

Tablet Division

MP3 Player Division

Total

Sales $671,000 $429,000 $1,100,000
Variable costs 496,540 253,110 749,650
Contribution margin $174,460 $175,890 350,350
Fixed costs 128,037
Net income $222,313

(c)

Calculate the companys 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 $Enter the break-even point in dollars rounded to 0 decimal places

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The New Yellow Book Government Auditing Standards

Authors: Rebecca A. Meyer

1st Edition

1119784638, 978-1119784630

More Books

Students also viewed these Accounting questions