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Exercise 5 - 7 ( Algo ) Contribution margin LO A 1 A jeans maker is designing a new line of jeans called Slams. Slams

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Exercise 5-7(Algo) Contribution margin LO A1
A jeans maker is designing a new line of jeans called Slams. Slams will sell for $320 per unit and cost $220.80 per unit in variable
costs to make. Fixed costs total $65,500.
Note: Round your answers to 2 decimal places.
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