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Cherrywoods Bakery sells three large muffins for every 2 small muffins sold. A small muffin sells for $3.00, with a variable cost of $2.00. A
Cherrywoods Bakery sells three large muffins for every 2 small muffins sold. A small muffin sells for $3.00, with a variable cost of $2.00. A large muffin sells for $5.00, with a variable cost of $2.50. What is the weighted average contribution margin?
a. $1.95 per muffin
b. $1.25 per muffin
c. $1.75 per muffin
d. $1.90 per muffin
e. Cannot be determined based on the information presented
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