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'Help on part C please. Exercise 8-15 (Part Level Submission) In response to a growing awareness of gluten allergies, Singletary Cookie Company tried using gluten-free

image text in transcribedimage text in transcribedimage text in transcribed'Help on part C please.

Exercise 8-15 (Part Level Submission) In response to a growing awareness of gluten allergies, Singletary Cookie Company 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: Oatmeal Chocolate Raisin Chip Sugar $131.20 $108.60 $128.00 Sales price $60 $86 Variable cost $82 Fixed cost 16 15 19 Total cost 98.00 105.00 75.00 $33.20 $33.60 $23.00 Gross profit Pounds of flour (a) Your answer is correct Assuming no raw material constraints and unlimited demand for cookies Calculate contribution margin for Chocolate Chip, Sugar, Oatmeal Raisin cookies (Round answers to 2 decimal places, e.g. 52.75.) Cookies Contribution Margin Chocolate Chip 49.2 Sugar 48.6 Oatmeal Raisin 42

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