Trendy Toes produces sports socks. The company has foxed expenses of $85,000 and variable expenses of $0.85 per package. Each package sells for $1.70. Read the requirements Requirement 1. Compute the contribution margin per package and the contribution margin ratio. Begin by computing the contribution margin per package. Then compute the contribution margin per package. (Enter the amount to the nearest cent) The contribution margin per package is Compute the contribution margin ratio. (Enter the ratio as a whole percent.) The contribution margin ratio is Requirement 2. Find the breakeven point in units and dollars Begin by computing the breakeven sales in units using the contribution margin approach The breakeven point in units is Find the breakoven point in dollars using the contribution margin approach The breakeven point in dollars is Requirement 3. Find the number of packages Trendy Toes noods to set to com a $25,800 operating hoone, The number of packages to achieve an operating income of $25,500 8 of 24 (2 complete) able expenses of $0.85 per package. Each package sells for $1.70. in ratio margin per package. (Enter the amount to the nearest cent.) h. Requirements 1. Compute the contribution margin per package and the contribution margin ratio 2. Find the breakeven point in units and in dollars. 3. Find the number of packages Trendy Toes needs to sell to eam a $25.500 operating income 25,500 operating income Print Done w 20 A 8