A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $360 per pair and cost $262.80 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

+

(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

+