A jeans maker is designing a new line of jeans called Slams. Slams will sell for $330 per unit and cost $260.70 per unit in variable costs to make. Fixed costs total $60,500. (Round your answers to 2 decimal places.) 1. Compute the contribution margin per unit. Selling price Less: Variable cost Contribution margin 2. Compute the contribution margin ratio. Numerator: Contribution margin per unit $ 69.30 $ 330.00 per unit 260.70 per unit 69.30 per unit Contribution Margin Ratio = Contribution margin ratio 21.00% Denominator: Selling price per unit $ 330.00 = 3. Compute income if 5,100 units are produced and sold Income