Mega electronix sells television sets and dvd players

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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 $

Reference no: EM131018496

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