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A jeans maker is designing a new line of jeans called Slams. Slams will sell for $370 per unit and cost $262.70 per unit in
A jeans maker is designing a new line of jeans called Slams. Slams will sell for $370 per unit and cost $262.70 per unit in variable costs to make. Fixed costs total $64,500. (Round your answers to 2 decimal places.)
1. Compute the contribution margin per unit.
2. Compute the contribution margin ratio
3. Compute income if 5,900 units are produced and sold.
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