A jeans maker is designing a new line of jeans called Slams. Slams will sell for $285 per unit and cost $176.70 per unit in variable costs to make. Fixed costs total $69,000. Note: Round your answers to 2 decimal places. 1. Compute the contribution margin per unit. $ 375.00 per unit (262.50) per unit 112.50 per unit Selling price Add: Variable cost Contribution margin $ 2. Compute the contribution margin ratio. Numerator: Denominator: = Contribution Margin Ratio Selling price per unit = Contribution margin ratio 112.50 1 $ 375.00 = 30.00% Contribution margin per unit $ 3. Compute income if 6,800 units are produced and sold