Big Foot produces sports socks. The company has foxed expenses of $80,000 and variable expenses of $0 80 per package. Each package sells for $1.60. The number of packages Big Foot needed to set $29,000 operating income was 136.250 packages. If Big Foot can decrease its variable costs to $0.60 per package by increasing its fixed costs to $95,000, how many packages will it have to sell to generate $29,000 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 (Round your answer up to the nearest whole unit.) Big Foot will have to sel packages to generate $29.000 of operating income Is this more or less than before? Why? Sales in uns Sig Foot would have to sell The increase in foxed costs 4 packages of socks to sam $29,000 of operating income completely offset by the target profit volume of sales. Therefore Big Foot will need to sel in variable costs at the prior units in order to achieve its target profit level