Sunland 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.
Sunland 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.
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter11: Differential Analysis And Product Pricing
Section: Chapter Questions
Problem 16E
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Please do not give solution in image format thanku
![If the company's fixed costs are $395,400 per year, what is the sales dollar amount of each type of candle that must be sold to
break even?
Product line break-even point $
Birthday
Standard tapered
Large scented](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F659fb910-117f-4c33-a9e0-29d3ad7fdc50%2Fe4cc25b7-c25d-48ce-b4d6-f4d1a2d513bd%2Fxljcpx_processed.jpeg&w=3840&q=75)
Transcribed Image Text:If the company's fixed costs are $395,400 per year, what is the sales dollar amount of each type of candle that must be sold to
break even?
Product line break-even point $
Birthday
Standard tapered
Large scented
![Sunland 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%
What is the weighted-average contribution margin ratio?
Weighted average contribution margin ratio
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F659fb910-117f-4c33-a9e0-29d3ad7fdc50%2Fe4cc25b7-c25d-48ce-b4d6-f4d1a2d513bd%2F4cwgjrl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Sunland 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%
What is the weighted-average contribution margin ratio?
Weighted average contribution margin ratio
%
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