Brief Exercise 19-9 Dixie Candle Supply makes candles. The sales mix (as a percentage of total...
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 Contribution Margin Ratio Birthday 20% Standard tapered 30% Large scented 40% What is the weighted-average contribution margin ratio? Weighted-average contribution margin ratio Enter weighted-average contribution margin in percentages % eTextbook and Media If the...
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 55%, and large scented candles 15%. The contribution margin ratio of each candle type is shown below. Candle Type Contribution Margin Ratio Birthday 20% Standard tapered 30% Large scented 50% If the company’s fixed costs are $457,500 per year, what is the dollar amount of each type of candle that must be sold...
Question 31 Presto Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 35%, standard tapered candles 45%, and large scented candles 20%. The contribution margin ratio of each candle type is as follows: Contribution Margin Candle Type Ratio Birthday 20% Standard tapered 25% Large scented 45% If the company's fixed costs are $485,595 per year, what is the dollar amount of each type of candle that must...
Presto Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 25%, standard tapered candles 40%, and large scented candles 35%. The contribution margin ratio of each candle type is as follows:Candle TypeContribution Margin RatioBirthday10%Standard tapered20%Large scented40%If the company’s fixed costs are $438,060 per year, what is the dollar amount of each type of candle that must be sold to break even? (Round weighted-average contribution margin ratio to 2 decimal places, e.g. 15.25%.)
Can I please get some help on this. Have to use excel answering these M Office Update To keep up-to-date with security updates, and improvements, choose Check for Updates K9 Xf A. Formular Adid. Multiply. Divide; Cel Referencing Using Excel to Compute Multiple Product Break-Even Points Student Work Area Required:Provide input into cated in yellow in this template. Use the PROBLEM Die Candle Supplysis. The sales mi ( spermitage of dollar led the brink of its reprodact, and it wolfred...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 19-7 Your answer is incorrect. Try again. NoFly Corporation sells three different models of a mosquito "zapper" Model A12 sells for $61 and has variable costs of $44. Model 822 sells for $107 and has variable costs of $73. Model C124 sells for $403 and has variable costs of $306. The sales mix of the three models is A12, 58 % ; 822, 25 % ; and C124, 17 % What...
Exercise 5-12 In 2019, Ivanhoe Company had a break-even point of $310,000 based on a selling price of $8 per unit and fixed costs of $93,000. In 2020, the selling price and the variable costs per unit did not change, but the break-even point increased to $429,000 Your answer is correct. Compute the variable costs per unit and the contribution margin ratio for 2019. (Round Variable cost per unit to 2 decimal places, e.g. 2.25 and Contribution margin ratio to...
Ivanhoe Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $153,360 and variable costs to be $28 per unit. Your answer is incorrect. Try again. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point $ LINK TO TEXT LINK TO TEXT Your answer is incorrect. Try again. Compute the margin of safety ratio assuming actual sales are $720,000. (Round margin of safety ratio to 2 decimal...
Accounting Help. Thanks! Please help me find margin of safety ratio and total increase in sales required. I have already found most of the answers. Thank you Oak Bucket Co., a manufacturer of wood buckets, had the following data for 2013. Sales Sales price Variable costs Fixed costs 2,000 units $43.00 per unit $15.91 per unit $19,530 Your answer is correct. What is the contribution margin ratio? Contribution margin ratio 1 LINK TO TEXT VIDEO: SKILL-BUILDING Your answer is correct....
Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows. Exercise 19-6 X Your answer is incorrect. Try again. Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows. Unit Contribution Margin Sales Mix Lawnmowers $31 Weed-trimmers 20 % 50 % 30 % $25 Chainsaws $37 Yard Tools has fixed costs of $4,350,800. Compute the number of units of each product that Yard Tools must sell...