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 $335 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 $335 per pair and cost $261.30 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per p ok Contribution margin (2) Compute the contribution margin ratio. Choose Denominator Contribution Margin Ratio Choose Numerator: Contribution margin ratio

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