Big Foot proces sports socks. The company has lived expenses of $110.000 and variable expenses of $1,10 per package. Each package sells for $2.20 Read the requirements Requirement 1. Com the contribution margin per package and the contribution margin rollo Begin by identifying the form to compute the contribution margin per package. The compute the contribution margin per package. (Enter the amount to the nearest cent) Sales priceperunt Variable cost per unit Contribution margin per unit The contribution mach per package is 1.1 Requirements - X Compute the contribution margin ratio (Enter the ratio as a whole porcent) Begin by identifying the formato Compute the combulion margin ratio Contribution margin per unit Sales prion per un Contribution margin ratio 1. Compute the contribution margin per package and the contribution margin ratio 2. Find the breakeven point in units and in dollars. 3. Find the number of packages Big Foot needs to sell to earn a 527.500 operating Income The conhibition margins 50% Requirement 2. Find the breakeven point in units and dolars Print Done Begin by identifying the formula to compute the breakeven sales in units using the contribution margin approach + Fixed expenses Contribution margin per unit Breakeven sales in units The breakeven point in units Find the breakeven point in dollars using the contribution margin approach Begin by identifying the formula to compute the breakeven point in dollars + - Breakeven sales in dollars The breakeven point in dollars is $ Requirement 3. Find the number of packages Big Foot needs to sell to eam a $27.500 operating income The number of packages to achieve an operating income of 527 SODIS