Sport Ready produces sports socks. The company has fixed expenses of $85,000 and variable expenses of S1 20 per package Each package sells for $200 Read the wouncemene Requirement 1. Compute the contribution margin per package and the contribution margin ratio Begin by computing the contribution margin per package. Then compute the contribution margin per package (Enter the amount to the nearest cont) The contribution margin per package is Compute the contribution margin ratio (Enter the ratio as a whole percent) The contribution margin ratio is 96 Requirement 2. Find the breakeven point in units and dollars Bogin by computing the breakeven sales in units using the contribution margin approach The breakeven point in units is Find the breakoven point in dollars using the contribution margin approach The breakeven point in dollars is Requirement 3. Find the number of packages Sport Ready needs to sell to earn a $22.000 operating income The number of packages to achieve an operating income of $22.000 is Sport Ready produces sports socks. The company has fixed expenses of $85,000 and variable expenses of $1.20 per package Each package sells for Read the equirement Requirement 1. Compute the contribution margin per package and the contribution margin ratio Begin by computing the contribution margin per package Then compute the contribution margin per package (Enter the amount to the nearest cent) The contribution margin per package is Compute the contribution margin ratio (Enter the ratio as a whole percent) The contribution margin ratio is 1% Requirement 2. Find the breakeven point in units and dollars. Begin by computing the breakeven sales in units using the contribution margin approach The breakeven point in units is Find the breakeven point in dollars using the contribution margin approach The breakeven point in dollars is Requirement 3. Find the number of packages Sport Ready needs to sell to earn a $22.000 operating income The number of packages to achieve an operating income of $22.000 is Enter any number in the edit fields and then continue to the next question. a ** II Type here to search Read the fequirements expenses of $1.20 per packa Requirement 1. Compute the contribution margin per package and the contribution margin ratio. Begin by computing the contribution margin per package. Then compute the contribution margin per package {Enter the amo The contribution margin per package is Compute the contribution margin ratio (Enter the ratio as a whole percent.) The contribution margin ratio is % Requirement 2. Find the breakeven point in units and dollars. Begin by computing the breakeven sales in units using the contribution margin approach The breakeven point in units is Find the breakeven point in dollars using the contribution margin approach The breakeven point in dollars is Requirement 3. Find the number of packages Sport Ready needs to sell to earn a $22.000 operating income The number of packages to achieve an operating income of $22,000 is Enter any number in the edit fields and then continue to the next