Happy Toes produces spots rocks. The company has fixed expenses of $80,000 and variable expenses de $0.50 per package. Each package sels for $180 Read the resultements Requirement 1. Compute the contribution margin per package and the contribution margin ratio Begin by identifying the formula to compute the contribution marpin per package. Then compte the contribution margin per package (Enter the amount to the rearut cent) Contribution margin perunt The contrbution margin per package is Compute the contribution margin ratio (Enter the ratios a whole percent) Begin by dentilyng the file to compute the contribution marginatio Coreon marginal The contribution margin to Requirement 2. Find the breakeven point in units and colors Degin by identifying the formula to compute the breakever sales in unstausing the contribution mwyn proch Breakeven sain units The breakeven point in units in Find the breakeven point in dollars using the contribution margin approach Begin by identifying the formula to compute the breakeven point in dollars Braven les incoln 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 is % 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 Toes needs to sell to cam a $25,000 operating income The number of packages to achieve an operating income of $25,000 is