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Exercise 18-8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $340 per

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Exercise 18-8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $340 per pair and cost $261.80 per pair in variable costs to make. (Round your answers to 2 declmal places.) (1) Compute the contribution margin per pair. Contribution margin (2) Compute the contribution margin ratio. Choose Contribution Margin Ratio Choose Numerator: Denominator: Contribution margin ratio

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