A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $370 per pair and cost $262.70 per pair in variable costs to make

(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

Harrison Co. expects to sell 240,000 units of its product next year, which would generate total sales of $21,360,000. Management predicts that pretax net income for next year will be $1,290,000 and that the contribution margin per unit will be $21. Complete the below table to calculate the next years total expected variable costs and fixed costs.

HARRISON CO.
Forecasted Contribution Margin Income Statement
		Units	$ per unit
		240,000
	Contribution margin		$21