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Sport Ready produces sports socks. The company has foxod expenses of $95,000 and variable expenses of $0.95 per packapo. Each pockage sells for 31.90. Tne

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Sport Ready produces sports socks. The company has foxod expenses of $95,000 and variable expenses of $0.95 per packapo. Each pockage sells for 31.90. Tne number of packages Sport Ready needed to sell to 0arn a $29,000 operating income was 130,527 packages (rourided). If 5 port Ready can deeronise its variable code to $0.75 per package by increasing its fixod costs to $110,000, how many packages will it have to sell to gareerate 529,000 of oper aling income? Is ih mere or ians than belore? Why? Begin by idenititying the formula to compute the sales in units at various levels of operating inoome using the contribution margin appronch. ( Opearating inceme + 1+ Contribution margin per unit : = Sales in units (Round your ariswer up to the nearest whole unit.) Sport Ready wil have to sell packages to generate $29,000 of operating income

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