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Assuming no raw material constraints and unlimited demand for cookies, calculate contribution margin per batch for ChocolateChip, Sugar, Oatmeal Raisin cookies. (Round answers to 2

Assuming no raw material constraints and unlimited demand for cookies, calculate contribution margin per batch for ChocolateChip, Sugar, Oatmeal Raisin cookies. (Round answers to 2 decimal places, e.g. 52.75.)

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In response to a growing awareness of gluten allergies, Ivanhoe 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 Oatmeal Chip Sugar Raisin Sales price $118 $110 $118 Variable cost $76 $75 $78 Fixed cost 19 16 20 Total cost 95 91 98 Gross profit $23 $19 $20 Pounds of flour 2.5 2.5 2

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