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Briggs candle supply makes candles the sales mix of its

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Briggs Candle Supply makes candles. The sales mix 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 as follows.

Candle Type

Contribution Margin Ratio

Birthday 10%

Standard tapered 30%

Large scented 50%
(a) What is the weighted-average contribution margin ratio?



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(b) If the company's fixed costs are $455,840 per year, what is the dollar amount of each type of candle that must be sold to break even? 

Birthday $pixel.gif
Standard tapered $pixel.gif
Large scented $

 

Reference no: EM13570453

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