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Ed Crane Corporation has two divisions; Outdoor Sports and Indoor Sports. The sales mix is 60% for Outdoor Sports and 40% for Indoor Sports. Crane
Ed Crane Corporation has two divisions; Outdoor Sports and Indoor Sports. The sales mix is 60% for Outdoor Sports and 40% for Indoor Sports. Crane incurs $2370000 in fixed costs. The contribution margin ratio for the Outdoor Sports Division is 20%, while for the Indoor Sports Division it is 50%. What is the total contribution margin at the break-even point? $948000 O $1422000 $4740000 $2370000 Wildhorse Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 35%, standard tapered candles 50%, and large scented candles 15%. The contribution margin ratio of each candle type is as follows: Candle Type Contribution Margin Ratio Birthday 25% Standard tapered 25% Large scented 50% If the company's fixed costs are $507,725 per year, what is the dollar amount of each type of candle that must be sold to break even? (Round weighted-average contribution margin ratio to 2 decimal places, e.g. 15.25% and final answer to 0 decimal places, e.g. 1,545.) Birthday: $ Break-even in sales 2030900 Standard tapered: $ 2030900 Large scented: $ 1051450
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