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Question 4 Waterway Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles

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Question 4 Waterway 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 Standard tapered Large scented 20% 35% 50% What is the weighted average contribution margin ratio? Weighted average contribution margin ratio If the company's fixed costs are $554,880 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 points

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