Question: Exercise 5-7 (Algo) Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slams. Slams will sell for $370 per

Exercise 5-7 (Algo) Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slams. Slams will sell for $370 per unit and cost $262.70 per unit in variable costs to make. Fixed costs total $64,500. (Round your answers to 2 decimal places.)

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