Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ayayai chance co. sells computers and video game s

Ayayai Chance Co. sells computers and video game systems. The business is divided into two...

80.2K

Verified Solution

Question

Accounting

imageimage

Ayayai Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable costing income statements for the current year are presented below: Computers VG Systems Total Sales $992,000 $248,000 $1,240,000 Variable costs 496,000 148,800 644,800 Contribution margin $496,000 $99,200 595,200 Fixed costs 266,880 Net income $328,320 (a) Determine the sales mix and contribution margin ratio for each division. Computers VG Systems Sales mix % % Contribution margin ratio % % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) A. Determine the sales mix and contribution margin ratio for each division. B. Calculate the company's weighted average contribution margin ratio. C. Calculate the company's break-even point in dollars D. Determine the sales level, in dollar, for each division at the break-even point

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students