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Sheridan Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 30%, standard
Sheridan 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 20% Standard tapered 30% Large scented 40% What is the weighted-average contribution margin ratio? Weighted average contribution margin ratio de % If the company's fixed costs are $423,640 per year, what is the dollar amount of each type of candle that must be sold to break even? Birthday Total break-even point $ Standard tapered Large scented $
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