Using Excel to Compute Multiple Product Break-Even Points PROBLEM Dixie Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) and the contribution margin ratios of its three product lines, and its total fixed costs follow. Birthday candles Standard tapered candles Large scented candles Total fixed costs Sales Mix 30% 50% 20% $ 450,000 Contribution Margin Ratio 20% 30% 45% Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area or work area as indicated. a. What is the weighted-average contribution margin ratio? Weighted-average contribution margin ratio b. What is the sales dollar amount of each type of candle that must be sold to break even? Break-even points in sales dollars Total Birthday candles Standard tapered candles Large scented candles

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Using Excel to Compute Multiple Product Break-Even Polnts PROBLEM Dixie Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) and the contribution margin ratios of its three product lines, and its total fixed costs follow. Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area or work area as indicated. a. What is the weighted-average contribution margin ratio? Weighted-average contribution margin ratio b. What is the sales dollar amount of each type of candle that must be sold to break even