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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
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. Tablet Division MP3 Player Division Total Sales $819,000 $441,000 $1,260,000 Variable costs 606,060 251,370 857,430 Contribution margin $212,940 $189,630 402,570 Fixed costs 129,078 Net income $273,492 Determine the sales mix percentage based on sales dollars and contribution margin ratio for each division. Sales Mix Percentage Tablet division MP3 Player division % % Tablet division MP3 Player division eTextbook and Media Contribution Margin Ratio % % 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 % eTextbook and Media Calculate the company's break-even point in sales dollars. (Do not round intermediate calculations; round final answer to O decimal places, eg. 1,526.) Break-even point $ Determine the sales level in dollars for each division at the break-even point. (Do not round intermediate calculations; round final answer to O decimal points, e.g. 1,526) Tablet division MP3 Player division $ Break-even point
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