Business, 25.07.2020 22:01, mgavyn1052

produces sports socks. The company has fixed expenses of $ 80 comma 000 and variable expenses of $ 0.80 per package. Each package sells for $ 1.60. Read the requirementsLOADING Requirement 1. Compute the contribution margin per package and the contribution 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 nearest cent.)

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produces sports socks. The company has fixed expenses of $ 80 comma 000 and variable expenses of $ 0...