6 - Score 71 6 out of 71 points(100 award 7 out of 7.00 points Exercise 21-9 Contribution margin LO A2 A jeans maker is designing a new line of jeans

6 - Score 71 6 out of 71 points(100 award 7 out of 7.00...

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Score: 71 out 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 ratio Contribution margin per unit / Selling price per unit = Contribution margin ratio 69.30 / 330.00 = 21.00% Expanded table Exercise 21-9 Contribution margin LO A2 Learning Objective: 21-A2 Analyze changes in sales using the degree of operating leverage.
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