Jessica Candle Supply makes candles. The sales mix of its three product lines is birthday candle 30%, standard tapered candle 50%, and large scented candles 20%. Contribution Margin Ratio Candle Type Birthday 20% Standard tapered 30% Large scented 45% If the company's fixed costs are $360,000 per year, what is the total dollar amount of sales that Jessica need to break even? O $2,000,000 O $1,200,000 O $1,500,000 O $ 1,800,000 O $1,920,000
Jessica Candle Supply makes candles. The sales mix of its three product lines is birthday candle 30%, standard tapered candle 50%, and large scented candles 20%. Contribution Margin Ratio Candle Type Birthday 20% Standard tapered 30% Large scented 45% If the company's fixed costs are $360,000 per year, what is the total dollar amount of sales that Jessica need to break even? O $2,000,000 O $1,200,000 O $1,500,000 O $ 1,800,000 O $1,920,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Jessica Candle Supply makes candles. The sales mix of its three product lines is birthday candle 30%, standard tapered
candle 50%, and large scented candles 20%.
Contribution Margin Ratio
Candle Type
Birthday
20%
Standard tapered
30%
Large scented
45%
If the company's fixed costs are $360,000 per year, what is the total dollar amount of sales that Jessica need to break
even?
O $2,000,000
O $1,200,000
O $1,500,000
O $ 1,800,000
O $1,920,000
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