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Hang Ten produces sport socks. The company has ed expenses of $80 000 and vana le expenses o $0.80 per package. Each package se s
Hang Ten produces sport socks. The company has ed expenses of $80 000 and vana le expenses o $0.80 per package. Each package se s ors aThe number 0 pa kages Hang en needed to se to earn a $26,000 operating income was 132,500 packages. If Hang Ten can decrease its variable costs to S0.60 per package by increasing its fixed costs to S95,000, how many packages will it have to sell to generate $26,000 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 expensesOperating income Contribution margin per unit Sales in units Round your answer up to the nearest whole unit.) Hang Ten will have to sell packages to generate $26,000 of operating income
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