Happy Feet produces sports socks The company has fixed expenses of $90,000 and variable expenses of 5090 per package. Each package sells for $1.00 Read the requirements Requirement 1. Compute the contribution margin per package and the contribution margin ratio Begin by identifying the formula to compute the contribution margin per package. Then compute the contribution margin per package. (Enter the amount to the nearest cont.) Contribution margin per unit The contribution margin per package is Compute the contribution margin ratio. (Enter the ratio as a whole percent) Begin by identifying the formula to compute the contribution margin ratio = Contribution margin ratio The contribution margin ratio 15 Requirement 2. Find the breakeven point in units and dollars Ronin toronto the datam the one in the rain moh Choose from any list or enter any number in the input fields and then continue to the next question javascript.doCrecise O o TOSHIBA Happy Feet produces sports socks. The company has fixed expenses of 590,000 and variable expenses of 50.90 per package. Each packages Read the requirements Requirement 2. Find the breakeven point in units and dollars. Begin by identifying the formula to compute the breakeven sales in units using the contribution margin approach Breakeven sales in units + The breakeven point in units is Find the breakeven point in dollars using the contribution margin approach Begin by identifying the formula to compute the breakeven point in dollars = Breakeven sales in dollars The breakeven point in dollars is - Requirement 3. Find the number of packages Happy Feet needs to sell to earn a $18,000 operating income The number of naranas to achieve an anerating income of 518 000 is Choose from any tist or enter any number in the input fields and then continue to the next question javascript.doExercise 0 0 RE TOSHIBA Happy Feet produces sports socks. The company has fixed expenses of 590,000 and variable expenses of 50 90 per package Read the requirements Requirement 2. Find the breakeven point in units and dollars. Begin by identifying the formula to compute the breakeven sales in units using the contribution margin approach. = Breakeven sales in + The breakeven point in units is Find the breakeven point in dollars using the contribution margin approach Begin by identifying the formula to compute the breakeven point in dollars. = Breakeven sales in The breakeven point in dollars is Requirement 3. Find the number of packages Happy Feet needs to sell to earn a $18,000 operating income The number of packages to achieve an operating income of $18.000 is Choose from any list or enter any number in the input Melds and then continue to the next question javascript.doExercise