b)

If the companys fixed costs are $406,500 per year, what is the dollar amount of each type of candle that must be sold to break even? (please show work for this one)

Dixie Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 30%, standard tapered candles 55%, and large scented candles 15%. The contribution margin ratio of each candle type is shown below. Candle Type Birthday Standard tapered Large scented Contribution Margin Ratio 20% 35% 45% (a) X Your answer is incorrect. What is the weighted average contribution margin ratio? (Round answer to O decimal places, e.g. 15.) Weighted average contribution margin ratio 30 %