Live stream: Blitz Tea × ? Connect a Chegg Study | Guided Sc Ch 05 Ex 5-8 Saved

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Live stream: Blitz Tea × ? Connect a Chegg Study | Guided Sc Ch 05 Ex 5-8 Saved Help Save& Exit Submit my work Exercise 5-8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $350 per pair and cost $262.50 per pair in variable costs to make. (Round your answers to 2 decimal places.) points te the contribution margin per pain eBook Hint Ask Contribution margin Print ) Compute the contribution margin ratio. Choose Choose Numerator: -Contribution Margin Ratio Contribution margin ratio Graw Prev 1ofl Next 0 Type here to search 9:07 PM 4/27/2018

Explanation / Answer

Contribution margin per pair :

Contribution margin ratio :

Sale price 350 Variable cost -262.50 Contribution margin per pair 87.50

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