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

IN Current Attempt in Progress 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 candetype is shown below. Candle Type Birthday Standard tapered Large scented Contribution Margin Ratio 20% 35% 45% (a) Your answer is correct. What is the weighted average contribution margin ratio? % Attempts: 2 of 4 used Weighted-average contribution margin ratio Using multiple attempts will impact your score. 25% score reduction after attempt 3 (b) x Your answer is incorrect. If the company's fixed costs are $457,920 per year, what is the dollar amount of each type of candle that must be sold to break even? Birthday Standard tapered Large scented 500.850 $ 643.950 $ 286.200 Total break-even point Submit Answer Attempts: 2 of 4 used
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