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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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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
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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