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rmula: Add, Multiply, Divide; Cell Referencing BE6.13 - Using Excel to Compute the Break-Even Point in Dollars With Multiple Product Lines PROBLEM Presto Candle Supply
rmula: Add, Multiply, Divide; Cell Referencing BE6.13 - 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 Es three product lines, and its total fixed costs follow. Student Work Area Required: Provide input into cels shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area or work area as indicated. What is the dollar amount of each type of candle that must be sold to break even? Candle Type Birthday Standard tapered Large scented Total fixed costs Sales Mix 30% 50% 20% Contribution Margin Ratio 20% 20% 45% $ 440,000 Weighted average contribution margin ratio Break-even points in sales dollars Total Birthday candles Standard tapered candles Large scented candles
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