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that was problem #1 problem #2 sry the 2nd part it shouldbe tablet and mp3 player not ipod/ipad Crane provides shuttle service between four hotels
that was problem #1
problem #2
sry the 2nd part it shouldbe tablet and mp3 player not ipod/ipad
Crane provides shuttle service between four hotels near a medical center and an international airport. Crane uses two 10-passenger vans to offer 12 round trips per day. A recent month's activity in the form of a cost-volume-profit income statement is shown below. $31.920 $4,588 2,609 _783 7,980 Sales (1.330 passengers) Variable costs Fuel Tolls and parking Maintenance Contribution margin Fixed costs Salaries Depreciation Insurance Net income 23.940 13,100 1,100 704 14,904 $9,036 (21) Calculate the break-even point in dollars. Break-even point $ e Textbook and Media Save for Later Calculate the break-even point in number of fares. (Round answer to o decimal places, e.g. 5,275.) Break-even point fares Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even point & 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 $806,400 580,608 $225,792 $473,600 265,216 Variable costs $1,280,000 345.824 434,176 Contribution margin $208,384 Fixed costs 137,376 Net income $296,800 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 e Textbook and Media Save for Later 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 0 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 iPad division iPod divisionStep by Step Solution
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