A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $275 per pair and cost $165.00 per pair in variable costs to make. (Round your answers to 2 decimal places.)

(1) Compute the contribution margin per pair.
	Sales		$275.00	per pair
	Variable cost		165.00	per pair
	Contribution margin		$110.00	per pair
(2) Compute the contribution margin ratio.
	Choose Numerator:	/	Choose Denominator:	=	Contribution Margin Ratio
	Contribution margin per unit	/	Selling price per unit	=	Contribution margin ratio
	$110.00	/			0