Question: QS 21-5 Contribution margin ratio LO A1 Compute and interpret the contribution margin ratio using the following data: sales, $5,400; total variable cost, $3,024. Contribution

QS 21-5 Contribution margin ratio LO A1 Compute and interpret the contribution margin ratio using the following data: sales, $5,400; total variable cost,

QS 21-5 Contribution margin ratio LO A1 Compute and interpret the contribution margin ratio using the following data: sales, $5,400; total variable cost, $3,024. Contribution margin Contribution margin Contribution margin ratio Choose Numerator: Denominator: Contribution margin ratio Contribution margin ratio Exercise 21-8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $320 per pair and cost $220.80 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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