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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
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% 30% 50% Your answer is correct What is the weighted-average contribution margin ratio? (Round answer to O decimal places, e.g. 15.) Weighted-average contribution margin ratio 31196 Attempts: 1 of 7 used X Your answer is incorrect. 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 393387 $ 721210$ 196694 eTextbook and Media
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