Jackie's Snacks sells fudge, caramels, and popcorn. It sold 12,000 units last year. Popcorn outsold...
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Accounting
Jackie's Snacks sells fudge, caramels, and popcorn. It sold 12,000 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 | $5.00 | $4.00 |
Caramels | $8.00 | $5.00 |
Popcorn | $6.00 | $4.50 |
The weighted average contribution margin for the three products of Jackie's Snacks is 47) ______
A) $50.00. B) $11.20. C) $ 0.65. D) $2.00.
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