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Jackie's Snacks sells fudge, caramels, and popcorn. It sold 6,000 units last year. Popcorn outsold fudge by a margin of 2 to 1. Sales of
Jackie's Snacks sells fudge, caramels, and popcorn. It sold
6,000
units last year. Popcorn outsold fudge by a margin of 2 to 1. Sales of caramels were the same as sales of popcorn. Fixed costs for Jackie's Snacks are
$14,000.
Additional information follows:
Product | Unit Sales Prices | Unit Variable Cost |
Fudge | $ 13.00 | $ 10.00 |
Caramels | $ 7.00 | $ 5.00 |
Popcorn | $ 7.00 | $ 3.00 |
The weighted average contribution margin for the three products of Jackie's Snacks is
A.
$ 3.00
B.
$ 45.00
C.
$ 11.40
D.
$ 1.00
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