Question: Exercise 05-8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $275 per

Exercise 05-8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $275 per pair and cost $165.00 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per pair Contribution margin (2) Compute the contribution margin ratio. Choose Numerator: Choose Denominator: Contribution Margin Ratio Contribution margin ratio

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