Briggs candle supply makes candles the sales mix of its, Ask an Expert

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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?

(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	$
Standard tapered	$
Large scented	$

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9948030

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