Mega electronix sells television sets and dvd players the


Mega Electronix sells television sets and DVD players. The business is divided into two divisions along product lines. CVP income statements for a recent quarter's activity are presented below. TV Division DVD Division Total Sales $600,000 $400,000 $1,000,000 Variable costs 450,000 240,000 690,000 Contribution margin $150,000 $160,000 310,000 Fixed costs 124,000 Net income $186,000 Determine sales mix percentage and contribution margin ratio for each division. (Round answers to 2 decimal places, e.g. .50.) Sales Mix Percentage TV Division DVD Division Contribution margin ratio TV Division DVD Division Calculate the company's weighted-average contribution margin ratio. (Round answer to 2 decimal places, e.g. .50.) Calculate the company's break-even point in dollars. (Use the rounded amount from the previous question when calculating the answer for this question.) $ Determine the sales level in dollars for each division at the break-even point. TV Division $ DVD Division $ 

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Accounting Basics: Mega electronix sells television sets and dvd players the
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