Blossom Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP incomestatements for a recent quarter's activity are presented below.SalesVariable costsContribution marginFixed costsNet incomeTablet Division$671,000496,540$174,460MP3 Player Division$429,000253,110$175,890Total$1,100,000749,650350,350128,037$222,313 10:27CDone← Homework Chapter 63 of 4(d)<education.wiley.com<>Tablet divisionDetermine the sales level in dollars foreach division at the break-even point. (Donot round intermediate calculations;round final answer to 0 decimal points,e.g. 1,526.)6/8MP3 Player division $Save for Later$eTextbook and MediaAttempts: 0 of 3 usedAABreak-evenSubmit Answer:

BREAKEVEN POINT Break Even means the volume of production or sales where there is no profit or…

Blossom 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. Sales Variable costs Contribution margin Fixed costs Net income Tablet Division $671,000 496,540 $174,460 MP3 Player Division $429,000 253,110 $175,890 Total $1,100,000 749,650 350,350 128,037 $222,313

Blossom 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. Sales Variable costs Contribution margin Fixed costs Net income Tablet Division $671,000 496,540 $174,460 MP3 Player Division $429,000 253,110 $175,890 Total $1,100,000 749,650 350,350 128,037 $222,313

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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