Exercise 18-7 (Algo) Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slams. Slams will sell for $310 per unit and cost $207.70 pe unit in variable costs to make. Fixed costs total $66,500. (Round your answers to 2 decimal places.) 1. Compute the contribution margin per unit. Contribution margin 2. Compute the contribution margin ratio. Numerator: 3. Compute income if 6,300 units are produced and sold Income Denominator: Contribution Margin Ratio Contribution margin ratio