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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 25%, standard
Sheridan Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 25%, standard tapered candles 40%, and large scented candles 35%. The contribution margin ratio of each candle type is as follows: Candle Type Contribution Margin Ratio Birthday 15% Standard tapered 35% Large scented 45% If the company's fixed costs are $599,650 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, e.g. 15.25% and final answer to 0 decimal places, e.g. 1,545.) Break-even in sales Birthday: $ 89947.5 Standard tapered: $ 209877.5 Large scented: $ 269842.5
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