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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 $
silven industries which manufactures and sells a highly successful line of summer lotions and insect repellents has
eagle corporation manufactures a picnic table. shown below is eagles cost structurevariable cost per tabletotal fixed
Prepare a three-year horizontal analysis of the income statement and balance sheet of your selected company. Discuss the importance and meaning of horizontal analysis. Discuss both the positive and negative trends presented in your company.
Prepare the appropriate journal entry to be made by Bayfield Company for the first lease payment. Prepare the journal entry to record the lease agreement on the books of Josh inc. on January 1, 2008
Evaluate whether ABC Wines should go ahead with the installation of the new irrigation system and whether they should use the purchase or the lease option and explain the primary ways in which finance leases differ from operating leases.
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Suppose the rate of return on a 10-year T-bond is 6.85%, the expected average rate of inflation over the next 10 years is 2.0%, the MRP on a 10-year T-bond is 0.9%, no MRP is required on a TIPS, and no liquidity premium is required on any Treasury..
tao co. receives 10000 cash in advance for 4 months of legal services on october 1 2013 and records it by debiting cash
Creswell Corporation's fixed monthly expenses are $29,000 and its contribution margin ratio is 56%. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $..
After using the concession stand for 4 years, Six Flags determines that the building will remain useful for only 2 more years. Record Six Flags' depreciation on the concession stand for year 5 by the straight line method.
ash budget lo8-8 garden depot is a retailer that is preparing its budget for the upcoming fiscal year. management has
Select a scholarly empirical journal article* in Business and craft a response that adheres to the following: Please do not use quotes or copy definitions. You must also place a reference list at the end of your work containing the textbook and the ..
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