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Wildhorse Electronix sells computer tablets and MP 3 players. The business is divided into two divisions along product lines. CVP income statements for a recent

Wildhorse 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.
\table[[,Tablet Division,MP3 Player Division,Total],[Sales,$762,600,$467,400,$1,230,000
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
%
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