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Score:71out of 71 points (100%)6.award:7 out of7.00 pointsExercise 21-9 Contribution margin LO A2A jeans maker is designing a new line of jeans called the Slims. The jeans will sell for $330 per pairand cost $260.70 per pair in variable costs to make. (Round your answers to 2 decimal places.)(1) Compute the contribution margin per pair.$$(2) Compute the contribution margin ratio.Choose Numerator:/Choose Denominator:=Contribution margin ratioContribution margin per unit/Selling price per unit=Contribution margin ratio69.30/330.00=21.00%Expanded tableExercise 21-9 Contribution margin LO A2Learning Objective: 21-A2 Analyze changes insales using the degree of operating leverage.