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 A) $11.20. B) $ 0.65. C) $2.00. D) $50.00.

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Jackie's Snacks sells fudge, caramels, and popcorn

Accounting Feb 23, 2021

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

A) $11.20.

B) $ 0.65.

C) $2.00.

D) $50.00.

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