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please solve each requirement. thank you! Trendy Toos produces sports socks. The company has food expenses of $75,000 and variable expenses of 50 75 per
please solve each requirement. thank you!
Trendy Toos produces sports socks. The company has food expenses of $75,000 and variable expenses of 50 75 per package Each package sells for $150 Read the requirements CDD Requirement 1. Compute the contribution margin per package and the contribution margin rabo Begin by computing the contribution margin per package Then compute the contbution margin per package (Enter the amount to the nearest cont) The contribution margin per packages Compute the contribution margin ratio (Enter the ratio as a whole percent) The contribution margin ratios % Requirement 2. Find the breakeven point in units and dollars Bogin by computing the breakeven sales in units using the contribution margin approach The breakoven point in units is Find the breakiven point in dollars using the contribution margin approach. The breakeven point in dollars is Requirement 3. Find the number of packages Trendy Toes needs to sell to earn a $24,000 operating income The number of packages to achieve an operating income of $24,000 is Step by Step Solution
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