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Sandhill 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.

$($a$)$

Correct Answer

Your answer is correct.

What is the weighted$-$average contribution margin ratio?

Weighted$-$average contribution margin ratio

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Solution

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$10\%$ score reduction after attempt $2$

$($b$)$

Your answer is incorrect.

If the company's fixed costs are $$456,460$ per year, what is the sales dollar amount of each type of candle that must be sold to

break even?

Attempts: $1$ of $3$ used

Using multiple attempts will impact your score.

$10\%$ score reduction after attempt $2$