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s Exercise 6-10 (Video) Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements
s Exercise 6-10 (Video) 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 $841,800 597,678 $538,200 306,774 $1,380,000 904,452 Variable costs Contribution margin $244,122 $231,426 475,548 2 Fixed costs 137,840 Net income $337,708 Determine sales mix percentage and contribution margin ratio for each division. Sales Mix Percentage Tablet division % MP3 Player division % Contribution Margin Ratio Tablet division % MP3 Player division % LINK TO TEXT VIDEO: SIMILAR EXERCISE Calculate the company's weighted average contribution margin ratio. (Round computations and final answer to 2 decimal places, e.g. 15.26%.) PRINTER VERSION BACK NEXT Calculate the company's weighted-average contribution margin ratio. (Round computations and final answer to 2 decimal places, e.g. 15.26%.) Weighted-average contribution margin ratio % LINK TO TEXT VIDEO: SIMILAR EXERCISE Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to o decimal places, e.g. 1,526.) Break-even point $ LINK TO TEXT VIDEO: SIMILAR EXERCISE Determine the sales level in dollars for each division at the break-even point. (Round computations to 2 decimal places and final answers to o decimal places, e.g. 1,526.) Break-even point Tablet division $ MP3 Player division $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE Question Attempts: 0 of 2 used
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