Head First Company plans to sell 5, 100 bicycle helmets at $78 each in the coming year Product costs include

Direct materials per helmet $32

Direct labor per helmet 5.50

Variable factory overhead per helmet 525

Total fixed factory overhead 21,000

Variable  selling expense is a commission of 53:40 per helmet, fixed selling and administrative expense totals $29,800.

Required

1. Calculate the total variable cost per unit

2. Calcolate the total fixed expense for the year

3. Prepare a contribution margin income statement for Head-First Company for the coming year