Business
Business, 06.03.2020 23:31, nadia74

Ten Toes produces sport socks. The company has fixed expenses of $ 75 comma 000 and variable expenses of $ 0.75 per package. Each package sells for $ 1.50. The number of packages Ten Toes needed to sell to earn a $ 24 comma 000 operating income was 132 comma 000 packages. If Ten Toes can decrease its variable costs to $ 0.55 per package by increasing its fixed costs to $ 90 comma 000, how many packages will it have to sell to generate $ 24 comma 000 of operating income? Is this more or less than before? Why?

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Ten Toes produces sport socks. The company has fixed expenses of $ 75 comma 000 and variable expense...

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