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  1. business
  2. accounting
  3. toes produces sports socks. the company has fixed

Toes produces sports socks. The company has fixed expenses of 585,000 and varable expenses of...

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Accounting

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Toes produces sports socks. The company has fixed expenses of 585,000 and varable expenses of 50.05 per package Each packape sells for 5190 . d the cogeiemeats quirement 1. Compule the contribution margin per package and the contrbution masga ratio. ga by computing the contrbution margn per package. Then compute the cootrbuticn margn per package, (Enter the amount to the nearest cent.) e continbation margin per packnge is: impute the contrbuton maigin ratio. (Enter the rabo as a whole percent) Requirements We contrbution margin ratio is equirement 2. Find the breakeved point in unis and dolars 1, Compute the contribution margin per package and the contribution margin ratio 2. Fnd the breakeven point in units and in dollars 3. Find the namber of packages Trendy toes needs to sel to earn a sa8, 500 oporating income

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