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Big Foot produces sports socks. The company has fixed expenses of $75,000 and variable expenses of $0.75 per package. Each package sells for $1.50. The
Big Foot produces sports socks. The company has fixed expenses of $75,000 and variable expenses of $0.75 per package. Each package sells for $1.50. The number of packages Big Foot needec o sell to earn a $26,000 operating income was 134,667 packages (rounded). If Big Foot can decrease its variable costs to $0.65 per package by increasing its fixed costs to $90,000, how many oackages will it have to sell to generate $26,000 of operating income? Is this more or less than before? Why
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