A pants maker is designing a new line of pants called the Redbird. The pants will sell for $325 per pair andcost $260 per pair in variable costs to make.

(1)	Compute the contribution margin per pair. (Omit the "$" sign in your response.)

Contribution margin

$

(2)	Compute the contribution margin ratio. (Omit the "%" sign in your response.)

Contribution margin ratio

%