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Chocolatiers Company produces two products: Solid chocolate and powdered chocolate. Cost and revenue data for each product line for the current month are as follows:
Chocolatiers Company produces two products: Solid chocolate and powdered chocolate. Cost and revenue data for each product line for the current month are as follows:
| Product Lines | ||||||||
| Solid | Powdered | |||||||
| Sales | $ | 850,000 | $ | 870,000 | ||||
| Contribution margin as a percentage of sales | 45 | % | 55 | % | ||||
| Fixed costs traceable to product lines | $ | 175,000 | $ | 250,000 | ||||
| Instructions | |
| Prepare Chocolatiers | |
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