Sandhill Electronix sells computer tablets and MP3 players. The business is divided into two divisions along...
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Sandhill 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 $780,800 569,984 $210,816 Sales Variable costs Contribution margin Fixed costs Net income MP3 Player Division $499,200 279,552 $219,648 Total $1,280,000 849,536 430,464 137,883 $292,581 Determine the sales mix percentage based on sales dollars and contribution margin ratio for each division. Tablet division MP3 Player division Tablet division Sales Mix Percentage 61 % 39 % Contribution Margin Ratio 27 % (b) Your answer is correct. Calculate the company's weightedaverage contribution margin ratio. (Do not round intermediate calculations; report final answer as a percentage rounded to 2 decimal places, e.g. 15.26%.) Weightedaverage contribution margin ratio (c) eTextbook and Media Breakeven point Calculate the company's breakeven point in sales dollars. (Do not round intermediate calculations; round final answer to O decimal places, e.g. 1,526.) $ eTextbook and Media Save for Later 33.63 % Sandhill 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 $780,800 569,984 $210,816 Sales Variable costs Contribution margin Fixed costs Net income MP3 Player Division $499,200 279,552 $219,648 Total $1,280,000 849,536 430,464 137,883 $292,581 Determine the sales mix percentage based on sales dollars and contribution margin ratio for each division. Tablet division MP3 Player division Tablet division Sales Mix Percentage 61 % 39 % Contribution Margin Ratio 27 % (b) Your answer is correct. Calculate the company's weightedaverage contribution margin ratio. (Do not round intermediate calculations; report final answer as a percentage rounded to 2 decimal places, e.g. 15.26%.) Weightedaverage contribution margin ratio (c) eTextbook and Media Breakeven point Calculate the company's breakeven point in sales dollars. (Do not round intermediate calculations; round final answer to O decimal places, e.g. 1,526.) $ eTextbook and Media Save for Later 33.63 %
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Related Book For
Managerial Accounting Tools For Business Decision Making
ISBN: 9781119754053
9th Edition
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
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