Exercise 8-15 (Part Level Submission) In response to a growing awareness of gluten allergies, Singletary Cookie Company 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 Oatmeal Raisin $132.15 $90 19 109.00 $23.15 1.5 Sugar $110.60 $62 ip Sales price Variable cost Fixed cost Total cost Gross profit Pounds of flour $130.60 $81 17 98.00 $32.60 76.00 $34.60 (b) Your answer is correct. Assume that based on typical customer demand, Singletary will sell 12,200 batches of chocolate chip cookies, 8,200 batches of sugar cookies, and 10,200 batches of oatmeal raisin cookies. What will the company's contribution margin be? The company's contribution margin 1433570