Question: Exercise 22-9 Contribution margin L.O.A2 A pants maker is designing a new line of pants called the Redbird. The pants will sell for $335 per

Exercise 22-9 Contribution margin L.O.A2 A pants maker is designing a new line of pants called the Redbird. The pants will sell for $335 per pair and cost $261.30 per pair in variable costs to make. (1) Compute the contribution margin per pair. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Contribution margin? (2) Compute the contribution margin ratio. (Round your intermediate calculation to 2 decimal places. Omit the "%" sign in your response.) Contribution margin ratio

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