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Blossom Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 30%, standard
Blossom 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 Contribution Margin Ratio Birthday 20% Standard tapered 30% Large scented 50% (a) Your answer is correct. What is the weighted average contribution margin ratio? Weighted average contribution margin ratio 30 % (b) X Your answer is incorrect. If the company's fixed costs are $406,500 per year, what is the sales dollar amount of each type of candle that must be sold to break even? Birthday Standard tapered Large scented Product line break-even point $ 3,658,500 $ 6,707,250 $ 1,829,250 e Textbook and Media Save for Later Attempts: 1 of 2 used Submit
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