Amount Descriptions Refer to the list below for the exact wording of text items within your income statement. Amount Descriptions Operating income Operating loss Sales Total contribution margin Total fixed cost Total variable cost Calculate the sales revenue that Head-First must make to break even by using the break-even point in sales equation 15 Check our wey mga coon marges comment and on the refer to the A Dee at wory of eat to the con Head Omary Contribution Margincome Stal Alfa Ewen Point Amo Description Sales Reven Courbon Margin Income Statement Instructions Head-Past Company plans to sell 4700 bicycle helmets 175 each in the coming you wable cost is 64% of the price of the age of 150 eta leyen Calculate the seventh Headers must make to break even to the even pointesto 2. Check your swwerty ring a contribution comment based on the trees sesto magis 30 percetare carte 545.000 oncludes fred factory overhead and find seling and administrative expense) Head-First Company plans to sell 4,700 bicycle helmets at 575 each in the coming year. Variable cost is 64% of the sales price cor Required: 1. Calculate the sales revenue that Head-First must make to break even by using the break-even point in sales equation 2. Check your answer by preparing a contribution margin income statement based on the break-even point in sales dollars ets at 575 each in the coming year. Variable cost is 64% of the sales price, contribution margin is 36% of the sales price. Total fixed cost equals 545,090 must make to break even by using the break-even point in sales equation on margin income statement based on the break-even point in sales dollars antribution margin is 36% of the sales price. Total fixed cost equals $45,090 (includes fixed factory overhead and fixed selling and administrative expense)