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Answer all requirements in this question in the picture Trendy Toes produces sports socks. The company has fixed expenses of $85,000 and variable expenses of

Answer all requirements in this question in the picture

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Trendy 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. Read the requirements X Requirements Requirement 1. Compute the contribution margin per package and the contribution margin ratio. Begin by identifying the formula to compute the contribution margin per package. Then compute the contribu 1. Compute the contribution margin per package and the contribution margin ratio. Contribution margin per unit 2. Find the breakeven point in units and in dollars. 3. Find the number of packages Trendy Toes needs to sell to earn a $25,500 The contribution margin per package is operating income. Compute the contribution margin ratio. (Enter the ratio as a whole percent.) Begin by identifying the formula to compute the contribution margin ratio. Contribution margin ratio Print Done The contribution margin ratio is Requirement 2. Find the breakeven point in units and dollars. Begin by identifying the formula to compute the breakeven sales in units using the contribution margin approach. = Breakeven sales in units

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