Ivanhoes sells two products, a pepper relish with a selling price of $5.36 and a variable cost per jar of $2.28 and a blackberry marmalade with a selling price of $5.36 and a variable cost per jar of $2.18. Ivanhoes expected sale are 1080 jars of pepper relish and 1620 jars of blackberry marmalade. Fixed expenses are $7668. What is Ivanhoes weighted-average contribution margin?

3.12

3.18

3.14

3.08