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 $ 56 Chocolate Chip $ 46 Sugar $ 52 Oatmeal Raisin What type of cookie would maximize the company's contribution margin? Chocolate Chip eTextbook and Media Attempts: 2 of 3 used (b) Your answer is correct. Assume that, based on typical customer demand, Oriole will sell 12,300 batches of chocolate chip cookies, 8,300 batches of sugar cookies, and 10,300 batches of oatmeal raisin cookies. What will the company's contribution margin be? The company's contribution margin $ 1606200 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 $130 $125 $130 Sales price Variable cost $74 $79 $78 Fixed cost 19 16 21 Total cost 93 95 99 Gross profit $37 $30 $31 Pounds of flour 2.5 2.5 N (c) Oriole's flour supplier has announced a shortage of gluten-free flour. As a result, Oriole will only be able to purchase 51,350 pounds of flour. How many batches of each type of cookie should the company bake? Batches Chocolate Chip Sugar Oatmeal Raisin What will the company's contribution margin be? $ The company's contribution margin