Exercise 6-10 (Video) Personal Electronix sells computer tablets and MP3 players. The business is divided...
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Accounting
Exercise 6-10 (Video) 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 Total $884,500 645,685 MP3 Player Division $565,500 322,335 $243,165 Sales Variable costs Contribution margin Fixed costs Net Income $1,450,000 968,020 $238,815 481,980 136,284 $345,696 Your answer is partially correct. Try again. Determine sales mix percentage and contribution margin ratio for each division Sales Mix Percentage Tablet division MP3 Player division T 396 Contribution Margin Ratio Tablet division 27 MP3 Player division 41.10 LINK TO TEXT VIDEO, SIHILAR EXERCISE 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 T 34.20 LINK TO TEXT VIDEO: SIMILAR EXERCISE x Your answer is incorrect. Try again. Calculate the company's break-even point in dollars. (Round computations to 2 decimal places and final answer to o decimal places, e.g. 1,526.) Break-even point 0.2827 LINK TO TEXT VIDEO: SIMILAR EXERCISE x Your answer is incorrect. Try again. 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 Tablet division 398491.22 MP3 Player division 398491.22


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