Happy Feet produces sports socks. The company has fixed expenses of $110,000 and variable expenses of $1.10 per package. Each package sols for $220. The number of packages Happy Feet needed to sell to earn a $22.000 operating income was 120,000 packages. If Happy Feet can decrease its variable costs to $0.90 per package by increasing its fixed costs to $125,000, how many packages will it have to sell to generate $22,000 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 ). Contribution margin per unit = (Round your answer up to the nearest whole unit.) Sales in units Happy Feet will have to sell 1.1 packages to generato $22,000 of operating income