Lake 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.

Instructions
(a) Determine sales mix percentage 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 dollars for each division at the break-evenpoint.

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TV DivisionDVD Division Total $600,000 450,000 150,000 $1,000,000 Sales Variable costs Contribution margin Fixed costs Net income $400,000 240,000 $160,000 690,000 310,000 124,000 186,000