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
Definitions:
Binder Agreement
A temporary insurance contract providing coverage until a formal policy is issued.
Insurance Application
A document that contains an individual's or entity’s request for insurance coverage, detailing the specifics of the coverage sought.
Effective Date
The date on which insurance takes effect.
Insurance Policy
A contract between an individual or entity and an insurance company, detailing the terms for the payment of claims in exchange for premiums paid by the insured.
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