50 Homework: Chapter 7 Homework Score: 0 33 of 1 pt 2 of 6 (1 complete HW Score: 558% 0 33 of 6 pts E7-22A (similar to) Question Ten Toes produes parts de The company has fed expenses of 5.000 and as of 16 cho Echoes for $170 The number of packages Ten Toebeded to be ama 525.000 apercome was 129 412 rounded) Ten Toscan decrease in cos 0 75 per pada by nedostato 500.000 how many packages will generate 325.000 of operating income is this or less than be? W Beginn der the tomato compute the sales munition of comes the contrach Opening.com Com Round your while unt 1319 000 come Is this more than bele? Why Ten Toes Data The cort w The new Choose from the penchehen Check All parts showing ACCT 2302 291 Saarah Rahman & 03/24/21 2:17 AM Homework: Chapter 7 Homework Save Score: 0.33 of 1 pt 2 of 6 (2 complete) HW Score: 16.67%, 1 of 6 pts E7-22A (similar to) Question Help Ten Toes produces sports socks. The company has fixed expenses of $85,000 and variable expenses of $0.85 per package. Each package sells for $1.70. The number of packages Ten Toes needed to sell to earn a $25,000 operating income was 129,412 packages (rounded). If Ten Toes can decrease its variable costs to $0.75 per package by increasing its fixed costs to $100,000, how many packages will it have to sell to generate $25,000 of operating income? Is this more or less than before? Why? Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach. Fixed expenses Operating income * Contribution margin per unit - Salen in units (Round your answer up to the nearest whole unit) Ten Toes will have to sell 131,570 packages to generate $25,000 of operating Incomo Is this more or less than before? Why? Ten Toes would have to sell packages of socks to earn $25,000 of operating income The increase in fixed costs completely offset by the in variable costs at the prior target profit volume of sales. Therefore, Ten Toes will need to sell units in order to achieve its target profit level