i Big Foot produces sport socks. The company has txed expenses of $80,000 and variable expenses of $0 80 per package. Each package sells for $1.60. The number of to earn a $29,000 operating income was 136,250 packages If Big Foot can decrease its variable costs to $0.70 per package by sell to generate $29,000 ot operating income? is this more or less than before? Why? packages Big Foot needed to selil increasing ts fxed oosts to $95,000, how many packages vwill it have to Begn by identityng the formuda to compute the sales i in unts at various leveis of operating income using the contribution margn approac Fixed expenses Contrbution margin per unt Sales in unts (Round your answer up to the nearest whole unit) ig Foot wil have to sell Is tis more or less than before? Why? Big Foot would have to sel 1528 morepackages of socks to eam $29,000 of operating income target profit vokame of sakos. Therefoe, Big Foot will need to sell more unts in order to achievet 1377some The increase in ixed costs completely ofiset by the decrease in vaniable costs at the prior target proft leve