2 Exercise 18-7 (Algo) Contribution margin LO A1 10 points A jeans maker is designing a new line of jeans called Slams. Slams will sell for $280 per unit and cost $170.80 per unit in variable costs to make. Fixed costs total $69,500. (Round your answers to 2 decimal places.) X 04:37:16 1. Compute the contribution margin per unit. Contribution margin eBook 2. Compute the contribution margin ratio. Numerator: 1 Denominator: Contribution Margin Ratio Hint Contribution margin ratio Print 3. Compute income if 6,900 units are produced and sold Income References