happy feet produces sports socks. The company has fixed expenses of $85,000 and variable expense of $1.20 per package. each package sells for $2.00.

MUU ILU LAPCIJUI WUJU U vandie expenses Un 1.20 per package. E Requirements 1. Compute the contribution margin per package and the contribution margin ratio. 2. Find the breakeven point in units and in dollars. 3. Find the number of packages Happy Feet needs to sell to earn a $22,000 operating income. Print Done he contribution margin approach