Exercise 8-15 (Part Level Submission) In response to a growing awareness of gluten allergies, Wildhorse 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: Chocolate Chip $126.80 Oatmeal Raisin Sugar $109.80 $62 Sales price Variable cost Fixed cost Total cost Gross profit Pounds of flour $128.60 $86 21 107.00 $21.60 $78 17 95.00 $31.80 76.00 $33.80 (a) 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 Chocolate Chip $ Sugar Oatmeal Raisin $ What type of cookie would maximize the company's contribution margin