Happy Feet produces sport socks The company has fixed expenses ot $80 OOD and variable expenses ot SD BD per package. Each package sells tor $160 The number ot packages Happy Feet needed to sell to earn a$2500D operating income was 131,250 packages. If Happy Feet can decreese its vanable costs to S0.60 per package by increasing its fixed costs to S95,000, how many packages will it have to sell to generate S25,000 of operating income?Is this more or less than before? Why? Begin by identifying the forrmula to compute the sales in units at various levels of operating income using the contribution margin approach Fixed expenses Operating income Contribution margin per unit Sales in units Round your answer up to the nearest whole unit.) Happy Feet will have to sell 120,000 packages to generate $25,000 of operating income is this more or less than beore? Why? Happy Feet would have to sell The incroase int cod costs cmpleley omset by the nvariable costs athe prior target profit volume of sales. Therefore, Happyeet wil need to sell largel profit evel packages of socks to earn $25,000 of operating income. units in order to achieve its