The Sock Company buys hiking socks for $6 per pair and sells them for $10. Management budgets monthly fixed costs of $10,000 for sales volumes between 0 and 12,000 pairs of socks. Read the requirements. Requirement 1. Use both the equation approach and the contribution margin approach to compute the company's monthly breakeven point in units. First, select the formula to compute the company's monthly breakeven point in units using the equation approach. Target profit Choose from any drop-down list and then click Check Answer. parts Clear All Check Answer remaining