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Sheridan 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
Sheridan 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. 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 answe a percentage rounded to 2 decimal places, e.g. 15.26\%) Weighted-average contribution margin ratio % eTextbook and Media Calculate the company's break-even point in sales dollars, (Do not round intermediate calculations; round final answer to 0 decimal places, e. 1,526.) Break-even point \$ Determine the sales level in dollars for each division at the break-even point. (Do not round intermedliate calculations, round final answer to 0 decimal points, eg. 1,526.)
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