Happy Ten produces sport socks. The company has fixed expenses of $90,000 and variable expenses of $0.90 per package. Each package sells for $1.80. The number of packages Happy Ten needed to sell to earn a $23,000 operating income was 125,556 packages left parenthesis rounded right parenthesis .packages (rounded). If Happy Ten can decrease its variable costs to $0.70 per package by increasing its fixed costs to $105,000?, how many packages will it have to sell to generate $23,000 of operating? income? Is this more or less than before?

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Happy Tens Packages Needed for 23000 Operating Income Original Scenario Fixed expenses 90000 Variabl... View the full answer