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break even point and balance sheet Freak-Even Point in Units Instructions Instructions Head-First Company plans to sell 5,200 bicycle helmets at $80 each in the
break even point and balance sheet
Freak-Even Point in Units Instructions Instructions Head-First Company plans to sell 5,200 bicycle helmets at $80 each in the coming year. Unit variable cost is $47 (includes direct materials, direct labor, variable factory overhead, and variable selling expense) Total fixed cost equals $55,440 (includes fixed factory overhead and fixed selling and administrative expense). Required: 1. Calculate the break-even nuraber of helmets. 2. Check your answer by preparing a contribution margin income statement based on the break-even units. Check My Work 3 more Check My Work uses remaining Previous Next Submit assignment for Grad Break-Even Point in Units Instructions Instructions X Amount Descriptions X Refer to the list below for the exact wording of an amount description within your income statement Amount Descriptions Operating income Operating loss Sales Total contribution margin Total fixed cost Total variable cost Previous Next > Check My Work 3 more Check My Work uses remaining All work saved Save and Exit Submit Assignment for Grading A di 5:01 PM 1/10/2020 S ook Show Me How Calculator -reak-Even Point in Units Instructions Amount Descriptions Unit Break-Even Point Contribution Margin Income Statement Instructions Unit Break-Even Point Contribution Margin Income Statement 2. Check your answer by preparing a contribution margin income statement based on the break even und Refer to the storAmount Descriptions for men w items within your income statement. If there is an operating loss, enter the amount as a negative number using a minus sign o rtel Head-First Company Contribution Margin Income Statement Al Break-Even Point See and Submit Assis Check My Work 3 more Check My Work uses remaining All work saved Step by Step Solution
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