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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 Contribution Margin Ratio 20% Birthday Standard tapered Large scented 35% 45% What is the weighted average contribution margin ratio? (Round answer to 0 decimal places, eg. 15.) Weighted average contribution margin ratio % If the company's fixed costs are $457,920 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 $ $ $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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