I Scream For Ice Cream sells specialty ice cream in three flavors: Rocky Road,Peanut Butter,and Fruity Tooty.It sold 15,000 gallons last year.For every five gallons of ice cream sold,one pound is Fruity Tooty and the remainder is split evenly between Peanut Butter and Rocky Road.Fixed costs for I Scream For Ice Cream are $27,000 and additional information follows:
The weighted average contribution margin per pound for the three products of I Scream For Ice Cream is
Definitions:
Numerical Expression
A mathematical statement that includes numbers, operations, and sometimes variables, but does not contain an equality or inequality sign.
Designated Whole Number
A specific, named integer that has been allocated for a particular purpose or identified in a particular context.
Metric System
A decimal system of measurement based on the meter, liter, and gram as units of length, volume, and weight or mass, respectively.
Basic Units
The simplest measure of quantity in physics and other sciences, forming the foundation for more complex measurements.
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