Smelly Feet Co. produces sports socks. The company has fixed costs of $148,000 and variable costs of $1.20. Each package sells for $2.50. (Round your answers to two decimal places when needed and use rounded answers for all future calculations). 1. Compute the contribution margin per package and the contribution margin ratio. 2. Find the break-even point in units and in dollars using the contribution margin approach. (Reminder to write answer in whole units)