Cheyenne Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable costing income statements for the current year are presented below:...

Extracted text: Cheyenne Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable costing income statements for the current year are presented below: Computers VG Systems Total Sales $ 704,000 $ 176,000 $ 880.000 Variable costs 352.000 105,600 457,600 Contribution margin $ 352,000 $ 70.400 422,400 Fixed costs 160,320 Net income $ 262,080 Determine the sales mix and contribution margin ratio for each division. Computers VG Systems Sales mix % Contribution margin ratio % Calculate the company's weighted-average contribution margin ratio. Weighted-average contribution margin ratio Calculate the company's break-even point in sales dollars. Break-even point Determine the sales level, in dollars, for each division at the break-even point. Computers VG Systems Break-even point 24