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Ch 61 Homework 9 assessmenteducation.wileyaom Cr Question 3 0H3 0 H E View Policies Show Attempt History Current Attempt in Progress Dixie 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 55%. and large scented candles 15%. The contribution margin ratioof each candle type is shown below. Candle Type Contribution Margin Ratio Birthday 20% Standard tapered 35% Large scented 45% J Your answer is incorrect. What is the weightedeaverage contribution margin ratio? Weightedeaverage contribution margin ratio x Your answer is incorrect. Ch 61 Homework i sssessment.educatien.wiley.corn Cr Question 13 of 13 -/1 :: Management is considering the following independent alternatives for 2020. Increase unit selling price 25% with no change in costs and expenses. 2. Change the compensation of salespersons from xed annual salaries totaling $202,000 to total salaries of $40,990 plus a 5% commission on net sales. 3. Purchase new highitech factory machinery that will change the proportion betweenvariable and fixed cost of goods sold to 50:50. [a] Computethe breakeven point in dollars for 2019. [Round contribution margin ratio to 4 decimal places 8.3. 0.2512 and nal answer to D decimal places, 15.3. 2,510.} Break-even point $ [bl Compute the break-even point in dollars under each of the alternative courses of action for 2020. {Round contribution margin ratio to 3 decimal places as. 0.251 and nal answers to 0 decimal places. e3. 2.510.) Break-even point 1. Increase selling price $ 2 Change compensation $ 3. Purchase machinery $ 1 Which course of action do you recommend? Save for Later Attempts: 0 of 3 used