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o Big Foot produces sports socks. The company has fixed expenses of $85,000 and variable expenses of $1.20 per package. Each package sells for $2.00. 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) Enter any number in the edit fields and then continue to the next question Big Foot produces sports socks. The company has foxed expenses of $85,000 and variable expenses of $1.20 per package. Each package sells for $2.00 Read the requirements 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 breakeven point in dollars using the contribution margin approach Enter any number in the edit fields and then continue to the next question Big Foot produces sports socks. The company has fixed expenses of $85,000 and variable expenses of $1.20 per package. Each package sells for $2.00 Read the requirements THE ULENEVEN OM HOUSE LONDON yer approach The breakeven point in dollars is Requirement 3. Find the number of packages Big Foot needs to sell to eam a $22,000 operating income The number of packages to achieve an operating income of $22,000 is

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