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Compute the contribution margin per unit

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Reference no: EM133081434

Question - A jeans maker is designing a new line of jeans called Slams. Slams will sell for $275 per unit and cost $165.00 per unit in variable costs to make. Fixed costs total $70,000.

1. Compute the contribution margin per unit.

2. Compute the contribution margin ratio.

3. Compute income if 7,000 units are produced and sold Income.

Reference no: EM133081434

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