QS 18-8 Contribution margin ratio and break-even dollars LO P2 SBD Phone Company sells its waterproof phone case for $124 per unit. Fixed costs total $247,000, and variable costs are $37 per unit. (1) Determine the contribution margin ratio. per unit Contribution margin Contribution margin ratio Choose Numerator: Choose Denominator: = Contribution margin ratio Contribution margin ratio (2) Determine the break-even point in dollars. Choose Numerator: Choose Denominator = Break-Even Point in Dollars Break-even point in dollars N Exercise 18-8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $320 per pair and cost $220.80 per pair in variable costs to make. (Round your answers to 2 decimal places.) . (1) Compute the contribution margin per pair 10 Contribution margin (2) Compute the contribution margin ratio Choose Numerator: Choose Denominator: = Contribution Margin Ratio Contribution margin ratio