The company has fixed expenses of

$75,000 and variable expenses of $0.75

per package. Each package sells for $1.50.

-Contribution margin per unit The contribution margin per package is $ Compute the contribution margin ratio. (Enter the ratio as a whole percent.) Begin by identifying the formula to compute the contribution margin ratio. Contrib Requirement 2. Find the breakeven point in units and dollars. Begin by identifying the formula to compute the breakeven sales in units using the contribution margin approach. Breakeven sales in units The breakeven point in units is Find the breakeven point in dollars using the contribution margin approach. Begin by identifying the formula to compute the breakeven point in dollars. Breakeven sales in dollars 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