your hom Score: 0.33 of 1 pt 4 of 6 (4 complete) HW Score: 38.89%, 2.33 of 6 pts E7-43B (book/static) Question Help 7 accounting Socks Incorporated produces sport socks. The company has fixed expenses of $100,000 and variable expenses of $1.00 per package. Each package sells for $2.00 The number of packages Socks Incorporated needed to sell to earn a $23.000 operating income was 123,000 packages. If Socks Incorporated can decreases appy F variable costs to $0.80 per package by increasing its fixed costs to $125,000, how many packages will it have to sell to generate $23,000 of operating income? Is this more or less than before? Why? on in the Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach Fixed expenses Operating income )/ Contribution margin per unit - Sales in units s sport sod ach packas (Round your answer up to the nearest whole unit) ating incon y increasing Socks Incorporated will have to sell packages to generate $23,000 of operating income. Su Formula to com to the nearest 1140 before? Why 20 w. Therefore 9623.HEIC me to sell tog