Trendy Ten produces sports socks. The company han fixed expenses of 895,000 and variable expenses...
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Trendy Ten produces sports socks. The company han fixed expenses of 895,000 and variable expenses of $0.95 per package. Each package sels for $1.90 Read the requirements Requirement 1. Compute the contribution margin per package and the contrbution 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 nearent cent) Contribution margin per unit TI 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 Ten needs to sell to earn a $28,500 operating income. Print Done
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