A jeans maker is designing a new line of jeans called slims, Accounting Basics

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A jeans maker is designing a new line of jeans called slims

Problem

A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $280 per pair and cost $170.80 per pair in variable costs to make. (Round your answers to 2 decimal places.) Compute the contribution margin per pair. Compute the contribution margin ratio.

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Accounting Basics: A jeans maker is designing a new line of jeans called slims

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