Question
Oriole Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 35%,
Oriole 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 45%, and large scented candles 20%. The contribution margin ratio of each candle type is as follows: Contribution Margin Ratio Candle Type Birthday Standard tapered Large scented 20% 25% 50% If the company's fixed costs are $494,375 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, eg. 15.25% and final answer to O decimal places, e.g. 1,545.) Birthday: Standard tapered: $ Large scented: Break-even in sales
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