Question
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 60%, and large scented candles 10%. The contribution margin ratio of each candle type is shown below.
Candle Type | Contribution Margin Ratio | |
---|---|---|
Birthday | 20% | |
Standard tapered | 30% | |
Large scented | 40% |
What is the weighted-average contribution margin ratio?
Weighted-average contribution margin ratio | Enter weighted-average contribution margin in percentages % |
eTextbook and Media
If the companys fixed costs are $423,640 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 | $Enter a dollar amount | $Enter a dollar amount | $Enter a dollar amount |
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