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Compute the contribution margin per package

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Question - Ten Toes produces Force socks the company has fixed expenses of $85,000 and variable expenses of $0.85 per package each package sells $1.70. Compute the contribution margin per package and the contribution margin ratio. Find the breakeven point in units and in dollars. Find the number of packages Ten Toes needs to sell to earn a $25,500 operating income.

Reference no: EM132730487

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