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the figure is 34,000 Happy Toes produces sports socks. The company has foxed expenses of $74,000 and variable expenses of $1.15 per package. Each package
the figure is 34,000
Happy Toes produces sports socks. The company has foxed expenses of $74,000 and variable expenses of $1.15 per package. Each package sells for $2 55 The number of packages Happy Toes needs to sell to earn a $34,000 operating income is 77.143 packages. If Happy Toes can decrease its variable costs to $100 per package by increasing its fixed costs to $98,000, how many packages will it have to sell to generate $34,000 of operating income? Is this more or less than before? Why? Begin by identifying the formula that finds the sales in units at the target operating income using the contribution margin approach. Then calculate the target sales in units (Round your answer up to the nearest whole unit.) = Target sales in unitsStep by Step Solution
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