Trendy Ten produces sports socks. The company has fixed expenses of $80,000 and variable expenses of $0.80 per package. Each pa Read the requirements Requirement 1. Compute the contribution margin per package and the contribution margin ratio Begin by identifying the formula to compute the contribution margin per package Then compute the contribution margin per package (Enter the amount to the nearest cent) Contribution margin per unit Contribution margin per unit Fixed costs ge is s atio. (Enter the ratio as a whole percent.) compute the contribution margin ratio Operating income Sales price per unit Total variable cost Variable cost per unit The contribution margin ratio is!-- 1% Contribution margin ratio 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 Choose from any list or enter any number in the input fields and then continue to the next