Question

# Dixie Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of...

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 60%, and large scented candles 10%. The contribution margin ratio of each candle type is shown below.

 Candle Type 20% 30% 40%

What is the weighted-average contribution margin ratio?

 Weighted-average contribution margin ratio Enter weighted-average contribution margin in percentages %

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If the company’s fixed costs are \$423,640 per year, what is the dollar amount of each type of candle that must be sold to break even?

 Birthday Standard tapered Large scented \$Enter a dollar amount \$Enter a dollar amount \$Enter a dollar amount

Answer-The weighted-average contribution margin ratio =28%.

Explanation-Weighted average contribution margin ratio =Contribution margin ratio* Sales mix percentage

= (20%*30%)+(30%*60%)+(40%*10%)

= 6%+18%+4%

= 28%

Answer-The dollar amount of each type of candle that must be sold to break even =\$1513000.

Explanation- Dollar sales to attain break-even = Fixed costs/ Weighted average contribution margin ratio

= \$423640/28%

= \$1513000

Break-even point- Birthday = \$1513000*30%= \$453900.

Standard tapered = \$1513000*60%= 907800.

Large scented = \$1513000*10%= \$151300

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