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Dixie candle Brief Exercise 19-09 Dixie Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines
Dixie candle
Brief Exercise 19-09 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 Contribution Margin Ratio Birthday 20% 30% Standard tapered 50% Large scented What is the weighted-average contribution margin ratio? Weighted average contribution margin ratio LINK TO TEXT If the company's fixed costs are $406,500 per year, what is the dollar amount of each type of candle that must be sold to break even? Birthday Standard tapered Large scented Total break-even point $ $ $ Click if you would like to show Work for this question: Open Show Work Version 4.24.20.1 Step by Step Solution
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