Question: Brief Exercise 20-9 (Part Level Submission) Dixie Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product
Brief Exercise 20-9 (Part Level Submission) 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 ratio of each candle type is shown below. Candle Type Birthday Standard tapered Large scented Contribution Margin Ratio 20% 30% 50% (a) What is the weighted average contribution margin ratio? (Round answer to 0 decimal places, e.g. Weighted average contribution margin ratio Attempts 0 of 1 used SAVE FOR LATER SUBMIT ANSWER (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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