Sport Ready produces sports socks. The company has fixed expenses of $75,000 and variable expenses of $0.75 per package. Each package seils for $1.50, Read the requiremento Requirement 1. Compute the contribution margin per package and the contribution margin ratio. Begin by computing the contribution margin par package. Then computer the contribution margin per package. (Enter the amount to the nearest cent) The contribution margin per package in Compute the contribution margin ratio. (Enter the ratio as a whole percent) The contribution margin ratio in Requirement 2. Find the breakeven point in units and dollars. Begin by computing the breakevennalen in units using the contribution margin approach The broakoven point in units is Find the brakoven 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 $24.000 operating income The number of packages to achieve an operating income of $24,000 is