Ef 105. Weighted average contribution margin ratioeTextbook and Media* Your answer is incorrect.If the company's fixed costs are $450,000 per year, what is the dollar amount of each type of candle that must be sold to breakeven?Total break-even point $Birthday30 %453,900Standard tapered907,800Large scented151,300 Dixie Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthdaycandles 30%, standard tapered candles 50%, and large scented candles 20%. The contribution margin ratio of each candle type isshown below.Candle TypeBirthdayStandard taperedLarge scentedContribution Margin Ratio20%30%45%

Workings:- Computation of Weighted Average…

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 50%, and large scented candles 20%. The contribution margin ratio of each candle type is shown below. Candle Type Birthday Standard tapered Large scented Contribution Margin Ratio 20% 30% 45%

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 50%, and large scented candles 20%. The contribution margin ratio of each candle type is shown below. Candle Type Birthday Standard tapered Large scented Contribution Margin Ratio 20% 30% 45%

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 19MC: A company sells two products, Model 101 and Model 202. For every one unit of Model 101, they sell...

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