Question: Current Attempt in Progress Ivanhoe Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines

Current Attempt in Progress Ivanhoe Candle Supply makes candles. The sales mix

Current Attempt in Progress Ivanhoe Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 25%, standard tapered candles 40%, and large scented candles 35%. The contribution margin ratio of each candle type is as follows: Contribution Margin Candle Type Ratio Birthday 20% Standard tapered 25% Large scented 50% If the company's fixed costs are $571,675 per year, what is the dollar amount of each type of candle that must be sold to break even? (Round weighted-average contribution margin ratio to 2 decimal places, e.g. 15.25% and final answer to O decimal places, e.g. 1,545.) Birthday: $ Standard tapered: $ Large scented: $ eTextbook and Media Save for Later Break-even in sales Attempts: 0 of 2 used Submit Answer

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