View Policies 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 60%, and large scented candles 10%. The contribution margin ratio of each candle type is shown below. Candle Type Birthday Standard tapered Large scented Contribution Margin Ratio 20% 35% 50% (a) What is the weighted average contribution margin ratio? Weighted average contribution margin ratio e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Prepare a production budget for 2020 under each plan. HILL INDUSTRIES Production Budget Plan A Plan B e Textbook and Media Compute the production cost per unit under each plan. (Round answers to 2 decimal places, eg. 1.25.) Plan A Plan B Compute the production cost per unit under each plan. (Round answers to 2 decimal places, eg. 1.25.) Plan A Plan B Production cost per unit $ e Textbook and Media Compute the gross profit under each plan. Plan A Plan B Gross Profit $ Which plan should be accepted? should be accepted View Policies 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 60%, and large scented candles 10%. The contribution margin ratio of each candle type is shown below. Candle Type Birthday Standard tapered Large scented Contribution Margin Ratio 20% 35% 50% (a) What is the weighted average contribution margin ratio? Weighted average contribution margin ratio e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Prepare a production budget for 2020 under each plan. HILL INDUSTRIES Production Budget Plan A Plan B e Textbook and Media Compute the production cost per unit under each plan. (Round answers to 2 decimal places, eg. 1.25.) Plan A Plan B Compute the production cost per unit under each plan. (Round answers to 2 decimal places, eg. 1.25.) Plan A Plan B Production cost per unit $ e Textbook and Media Compute the gross profit under each plan. Plan A Plan B Gross Profit $ Which plan should be accepted? should be accepted