Hang Ten produces sports socks. The company has fixed expenses of 190,000 and variable expenses of $0.90 per package. Each package sels for $1.80 Read the requirements Requirement 1. Compute the contribution margin per package and the contibution margin rat Begin by computing the contribution margin per package. Then compute the contribution margin per package. Enter the amount to the nearest cent) The contribution margin per package is Compute the contribution margin ratio. (Enter the ratio as a whole percent.) The contribution margin ratio is Requirement 2. Find the breakeven point in units and dollars Begin by computing the breakeven sales in units using the contribution margin approach The breakeven pont in units in Find the breakeven point in dollars using the contribution margin approach The breakeven point in dollars Requirement 3. Find the number of packages Hang Ten needs to sel to eam a $18,000 operating income. The number of packages to achieve an operating income of $18,000