Exercise 5 8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims The jeans will sell for $295 per pair and cost $188 80 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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Question: Exercise 5-8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $295 per

Exercise 5-8 Contribution margin LO A1

A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $295 per pair and cost $188.80 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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