Read the requirements.

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.$)$

Sales price per unit Variable cost per unit Contribution margin per unit

The contribution margin per package is

$$1\mathrm{.}00$

Compute the contribution margin ratio. $($Enter the ratio as a whole percent.$)$

Begin by identifying the formula to compute the contribution margin ratio.

Contribution margin per unit $$ Sales price per unit $=$ Contribution margin ratio

The contribution margin ratio is $\%.$

Requirement $2.$ Find the breakeven point in units and dollars.

Begin by identifying the formula to compute the breakeven sales in units using the contribution margin approach.

Fixed expenses $)$ Contribution margin per unit Breakeven sales in units