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Use the Information Below to Answer the Following Question(s)

question 261

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Use the information below to answer the following question(s) .
Death by Chocolate sells specialty fudge in three flavors: Marshmallow, Plain, and Peanut. They sold 10,000 pounds last year. For every five pounds of fudge sold, one pound is Marshmallow and the remainder is split evenly between Plain and Peanut. Fixed costs for Death by Chocolate are $24,000 and additional information follows:
Use the information below to answer the following question(s) . Death by Chocolate sells specialty fudge in three flavors: Marshmallow, Plain, and Peanut. They sold 10,000 pounds last year. For every five pounds of fudge sold, one pound is Marshmallow and the remainder is split evenly between Plain and Peanut. Fixed costs for Death by Chocolate are $24,000 and additional information follows:    -The weighted average contribution margin per pound for the three products of Death by Chocolate is A)  $3.20. B)  $80.00. C)  $16.80. D)  $1.40.
-The weighted average contribution margin per pound for the three products of Death by Chocolate is


Definitions:

Evaluate

To assess or examine something in order to gain an understanding of it, often leading to a judgment or conclusion.

Nearest Cent

Rounding a monetary amount to the closest cent, commonly used in cash transactions to simplify payment.

Evaluate

To evaluate or ascertain the worth, importance, or state of something by conducting a thorough examination and analysis.

Evaluate

To calculate the value of an expression or determine the outcome of an equation based on given values or conditions.

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