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please only bottom picture/question. the top got posted twice. thank you! Happy Feet produces sports socks. The company has fixed expenses of 595,000 and variable

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please only bottom picture/question. the top got posted twice. thank you! image text in transcribed
Happy Feet produces sports socks. The company has fixed expenses of 595,000 and variable expenses of $0.95 per package. Each package sels for $190 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 cent) ntribution margin per un Requiremists - X 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 Happy Feet needs to sell to earn a $28,500 operating income. Roger's Steel Parts produces parts for the automobile industry. The company has monthly faced expenses of $540,000 and a contribution margin of 85% of revenues Read the requirements Requirement 1. Compute Roger's Steel Parts' monthly breakeven sales in dollars. Begin by identifying the formula Breakeven sales in dollars 1 Requirements 1. Compute Roger's Steel Parts monthly breakeven sales in dollars 2. Use the contribution margin ratio to project operating income for loss) if revenues are $540,000 and if they are $1,040,000 3. Do the results in Requirement 2 make sense given the breakeven sales you computed in Requirement 1? Explain

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