User Account

All Pages

Determine sales mix percentage and contribution margin

Assignment Help Accounting Basics
Reference no: EM131824683

Question - 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.

Reference no: EM131824683

Questions Cloud

What is the purpose of the balance sheet : The balance sheet is also called the statement of financial position. Why is this? What is the purpose of the balance sheet
Will the long-run price of pajamas rise more or less : In the competitive children's pajama industry, a new government safety regulation raises the average cost of children's pajamas by $2 per pair
Coverage rate be for landon to suspect : How high or low must the simulated coverage rate be for Landon to suspect that the true coverage rate is not 95%? Assume our usual threshold of significance
What is the difference between assent and consent : How does this impact on a clinician's decision to breach confidentiality of a patient they believe to be imminently violent?
Determine sales mix percentage and contribution margin : Mega Electronix sells television sets and DVD players. Determine sales mix percentage and contribution margin ratio for each division
Mean weight gain of the mice in study : A 95% confidence interval for the mean weight gain of adult mice on a certain diet is (11.2, 54.7) grams.
What do you believe ought to be the future of drug policy : Consider everything you have learned about drugs and drug policy in the United States, including the different approaches to mitigate the existing drug problem.
Find added distance of incense grown in the horn of africa : How does the added distance of incense grown in the Horn of Africa illustrate incense as an increasing cost industry?
Compute how much will the account be worth at that time : For the last 19 years, Mary has been depositing $500 in her savings account. Compute how much will this account be worth at that time?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd