I think I have the first part of this figured out, but I am stuck on how to fill out the last part. This is an added request by my teacher and I can't figure out how to do by reading the chapter. Will you please explain how to do this part? Question: E21-33 Computing Breakeven Sales Ten Toes Co. Produces sports socks. The company has fixed cost of $75,000 and variable costs of $.75 per package. Each package sells for $1.50.Requirements:1. Compute the contribution margin per package in the contribution margin ratio. (round your answers to two decimal places.) 2. Find the break even point in units and then dollars using the contribution margin approach.

A B C D E F G H 10 Requirement 1 11 Unit contribution margin = Net sales revenue per unit Variable costs per unit 12 = 1.50 per package 0.75 per package 13 = 0.75 per package 14 15 16 Contribution margin ratio = Contribution margin / Net sales revenue 17 = 0.75 per package / 1.50 per package 18 = 50% 19 20 21 Requirement 2 22 Required sales in units = Fixed costs + Target profit / Contribution margin per unit 23 = 75,000 0.75 24 = 100,000 25 26 27 Required sales in dollars = Fixed costs + target profit / Contribution margin ratio 28 via CM approach = 75,000 50% 29 = 150,000 30 31 32 Required sales in dollars = Breakeven in units 33 using BE in units 34 35 36 37