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Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along...

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 $851,200 $478,800 $1,330,000 Variable costs 612,864 282,492 895,356 Contribution margin $238,336 $196,308 434,644 Fixed costs 132,354 Net income $302,290.

Determine sales mix percentage and contribution margin ratio for each division.

Calculate the company’s weighted-average contribution margin ratio. (Round computations and final answer to 2 decimal places, e.g. 15.26%.)

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.)

Determine the sales level in dollars for each division at the break-even point. (Round computations to 2 decimal places and final answers to 0 decimal places, e.g. 1,526.)

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