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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: Chocolate Chip Oatmeal Raisin Sugar $119 $110 $119 Sales price Variable cost $82 $78 $86 Fixed cost 16 15 19 Total cost 98 93 105 $21 $1 $14 Gross profit 2.5 Pounds of flour 2.5 2 2 Your answer is correct. 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, eg. 52.75.) Cookies Contribution Margin 37 Chocolate Chip 32 Sugar 33 Oatmeal Raisin What type of cookie would maximize the company's contribution margin? Chocolate Chip (b) Your answer is correct. Assume that, based on typical customer demand, Oriole will sell 11.200 batches of chocolate chip cookies 7.200 batches of sugar cookies, and 9,200 batches of oatmeal raisin cookies. What will the company's contribution margin be? The company's contribution margin $ 948400 Your answer is partially correct. Oriole's flour supplier has announced a shortage of gluten free flour. As a result, Oriole will only be able to purchase 46,400 pounds of flour How many batches of each type of cookie should the company bake? Batches 0 Chocolate Chip Sugar 23200 Oatmeal Raisin What will the company's contribution margin be? 765600 The company's contribution margin