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Business, 07.03.2020 00:26 kward591

Happy Feet produces sport socks. The company has fixed expenses of $ 85 comma 000 and variable expenses of $ 0.85 per package. Each package sells for $ 1.70. The number of packages Happy Feet needed to sell to earn a $ 24 comma 000 operating income was 128 comma 236 packages (rounded ). If Happy Feet can decrease its variable costs to $ 0.65 per package by increasing its fixed costs to $ 100 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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Happy Feet produces sport socks. The company has fixed expenses of $ 85 comma 000 and variable expen...
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