Green Meadows Creamery sells specialty ice cream in three flavors: Rocky Road, Peanut Buttor, and Fruity Tooty. It sold 11,000 gallons last year. For overy 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 the company are $50,050 and additional information follows: Sales price per pound Peanut Butter Fruity Tooty $6.50 $4.00 $7.75 $6.00 Variable cost per pound $2.00 The weighted average contribution margin per gallon for the three products of the company is OA. $0.56. OB. $19.25. OC. $96.25. OD. $3.85. Rocky Road $8.25 MIDD
Green Meadows Creamery sells specialty ice cream in three flavors: Rocky Road, Peanut Buttor, and Fruity Tooty. It sold 11,000 gallons last year. For overy 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 the company are $50,050 and additional information follows: Sales price per pound Peanut Butter Fruity Tooty $6.50 $4.00 $7.75 $6.00 Variable cost per pound $2.00 The weighted average contribution margin per gallon for the three products of the company is OA. $0.56. OB. $19.25. OC. $96.25. OD. $3.85. Rocky Road $8.25 MIDD
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Green Meadows Creamery sells specialty ice cream in three flavors: Rocky Road, Peanut Butter, and Fruity Tooly. It sold 11,000 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 the company are $50,050 and additional information follows:
Rocky Road
$8.25
OA. $0.56.
OB. $19.25.
OC. $96.25.
OD. $3.85.
Peanut Butter Fruity Tooty
$6.50
$4.00
$7.75
$6,00
Sales price per pound
Variable cost per pound $2.00
The weighted average contribution margin per gallon for the three products of the company is
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