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1. PopAroo sells two flavors of popcorn - chocolate and caramel, both sold in 1 pound bags. Information on sales for July follow: Number of

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1. PopAroo sells two flavors of popcorn - chocolate and caramel, both sold in 1 pound bags. Information on sales for July follow: Number of bags Sales Variable costs Fixed costs Operating income Selling price per unit Contribution margin per unit Chocolate 9,000 $72,000 27,000 24,000 $21,000 $8.00 $5.00 Caramel 6,000 $60,000 15,000 30,000 $15,000 $10.00 $7.50 Totals 15,000 $132,000 42,000 54,000 $36,000 1. PopAroo sells two flavors of popcorn - chocolate and caramel, both sold in 1 pound bags. Information on sales for July follow: Number of bags Sales Variable costs Fixed costs Operating income Selling price per unit Contribution margin per unit Chocolate 9,000 $72,000 27,000 24,000 $21,000 $8.00 $5.00 Caramel 6,000 $60,000 15,000 30,000 $15,000 $10.00 $7.50 Totals 15,000 $132,000 42,000 54,000 $36,000

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