Question: Can't get this question right please help!! Thanks In response to a growing awareness of gluten allergies, Oriole Bakery tried using gluten-free flour in its

Can't get this question right please help!! Thanks

Can't get this question right please help!! Thanks In response to agrowing awareness of gluten allergies, Oriole Bakery tried using gluten-free flour in

In response to a growing awareness of gluten allergies, Oriole Bakery tried using gluten-free flour in its three most popular cookies. After several attempts and a lot of inedible cookies, the company perfected new recipes that yield delicious gluten-free cookies. The costs of producing a batch of 100 cookies are as follows: Oatmeal Raisin $129.45 $87 21 108.00 $21.45 1.5 Chocolate Chip $131.80 Sales price Variable cost Fixed cost Total cost Gross profit Pounds of flour Sugar $111.60 $63 16 79.00 $32.60 $82 19 101.00 $30.80 Your answer is partially correct. Try again Assuming no raw material constraints and unlimited demand for cookies, calculate contribution margin per batch for Chocolate Chip, Sugar, Oatmeal Raisin cookies. (Round answers to 2 decimal places, e.g. 52.75.) Cookies Contribution Margin 49.80 Chocolate Chip 48.60 Sugar 42.45 Oatmeal Raisin What type of cookie would maximize the company's contribution margin? Oatmeal Raisin

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!