Please help me Sheridan Electronix sells computer tablets and MP3 players. The business is divided into two divisions along productlines CVP income statements for a recent quarter's activity are presented below.SalesVariable costsContribution marginFixed costsNet income(a)Your answer is correct.Tablet divisionMP3 Player divisionTablet divisionDetermine the sales mix percentage ased on sales dollars and contribution margin ratio for each division.Sales Mix PercentageMP3 Player division(b)eTextbook and MediaTablet Division$841,800597,678$244,122Your answer is incorrectMP3 Player DivisioneTextbook and Media61 %39 %Contribution Margin Ratio29 %$538.200306.774$231,42643 %Total$1,380,000904,452475,548137,840$337,708Attempts: 1 of 3 usedCalculate the company's weighted-average contribution margin ratio. (Do not round intermediatecolculations; report final answer as a percentage rounded to 2 decimal places, e.g. 15.26%.)Weighted average contribution margin ratio

MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is one of the Important Cost…

Sheridan 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 (a) Your answer is correct. Tablet division MP3 Player division Tablet division MP3 Player division (b) Determine the sales mix percentage ased on sales dollars and contribution margin ratio for each division. Sales Mix Percentage eTextbook and Media Tablet Division $841,800 597,678 $244,122 Your answer is incorrect MP3 Player Division eTextbook and Media Weighted average contribution margin ratio 61% Contribution Margin Ratio 39 % 29 % $538.200 306.774 $231,426 43 % Total $1,380,000 904,452 475,548 137,840 $337,708 Calculate the company's weighted-average contribution margin ratio. (Do not round intermediate calculations; report final answer as a percentage rounded to 2 decimal places, e.g. 15.26%.) Attempts: 1 of 3 used

Sheridan 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 (a) Your answer is correct. Tablet division MP3 Player division Tablet division MP3 Player division (b) Determine the sales mix percentage ased on sales dollars and contribution margin ratio for each division. Sales Mix Percentage eTextbook and Media Tablet Division $841,800 597,678 $244,122 Your answer is incorrect MP3 Player Division eTextbook and Media Weighted average contribution margin ratio 61% Contribution Margin Ratio 39 % 29 % $538.200 306.774 $231,426 43 % Total $1,380,000 904,452 475,548 137,840 $337,708 Calculate the company's weighted-average contribution margin ratio. (Do not round intermediate calculations; report final answer as a percentage rounded to 2 decimal places, e.g. 15.26%.) Attempts: 1 of 3 used

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 14E: Sales territory and salesperson profitability analysis Havasu Off-Road Inc. manufactures and sells a...

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