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Formula: Add, Multiply, Divide; Cell Referencing Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell
Formula: Add, Multiply, Divide; Cell Referencing Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area or work area as indicated. BES.13 - Using Excel to Compute the Break-Even Point in Dollars With Multiple Product Lines PROBLEM Presto Candle Supply makes candles. The sales mix (as a percentage of total dollar sales} and the contribution margin ratios of its three product lines, and its total xed costs follow. What is the dollar amount of each type of candle that must be sold Contribution to break even? Candle Typ_e Sales Mix Margin Ratio Birthday 30% 20% Weightedaverage contribution margin ratio ' Standard tapered 50% 20% Large scented 20% 45% Breakeven points in sales dollars Total ' Total xed costs $440, Birthday candles ' Standard tapered candles Large scented candles
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