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Spont Ready producos sports socks. The company has fixed expenses of $110,000 and variable expenses of $1.10 per packuge. Each package selis for $2.20. Rear the regulements: Requirement 1. Compute the contribution margin per package and the contribution margin ratio. Begin by identifying the formula to compute the contribution margin per packape. Then computa the contribution margin per package. (Enter the amount to the nearest cent) * Controution margen per unit Requirements 1. Compute the contribution margin per package and the contribution margin ratio. 2. Find the breakeven point in units and in dollars. 3. Find the number of packages $ part Ready noeds to sell to eam a $27,500 cperating income