Exercise 18-8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $280 per pair and cost $170.80 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per pair. Contribution margin (2) Compute the contribution margin ratio. Choose Numerator: Choose Denominator: Contribution Margin Ratio Contribution margin ratio Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $140 per unit and whose total variable costs are $105 per unit. The company's annual fixed costs are $563,500. (a) Compute the company's contribution margin per unit. Contribution margin (b) Compute the company's contribution margin ratio. Choose Choose Numerator: Denominator: Contribution Margin Ratio Contribution margin ratio (c) Compute the company's break-even point in units. Choose Numerator: Choose Denominator: Break-Even Units Break-even units d Compute the company's break-even point in dollars of sales. Choose Numerator: Choose Denominator: - Break-Even Dollars Break even dollars Exercise 18-12 Computing sales to achieve target income LO C2 Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $120 per unit. The company's annual fixed costs are $596,000. Management targets an annual pretax income of $1,000,000. Assume that fixed costs remain at $596,000. (1) Compute the unit sales to earn the target income. Choose Numerator: Choose Denominator = Units to achieve target (2) Compute the dollar sales to earn the target income. Choose Numerator: Choose Denominator: Dollars to Achieve Target Dollars to achieve target