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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 50%, and large scented candles 20%. The contribution margin ratio of each candle type is shown below. Candle Type Birthday Standard tapered Large scented Contribution Margin Ratio 20% 30% 40% Your answer is correct. What is the weighted average contribution margin ratio? Weighted-average contribution margin ratio 29 % If the company's fixed costs are $456,460 per year, what is the dollar amount of each type of candle that must be sold to break even? Birthday Large scented Standard tapered 114115 Total break-even point 68469 $ $ tA 456460 e Textbook and Media Solution
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