Question: Cherrywood's Bakery sells three large muffins for every 2 small muffins sold. A small muffin sells for $3.00, with a variable cost of $2.00. A
Cherrywood's Bakery sells three large muffins for every 2 small muffins sold. A small muffin sells for $3.00, with a variable cost of $2.00. A large muffin sells for $5.00, with a variable cost of $2.50. What is the weighted-average contribution margin? (Round intermediate calculations to one decimal place.) Group of answer choices $1.95 per muffin $1.25 per muffin $1.75 per muffin $1.90 per muffin Cannot be determined based on the information presented
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