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Head-First Company now sells both bicycle helmets and motorcycle helmets. Next year, Head- First expects to produce total revenue of $570,000 and incur total variable
Head-First Company now sells both bicycle helmets and motorcycle helmets. Next year, Head- First expects to produce total revenue of $570,000 and incur total variable cost of $390,000. Total fixed cost is expected to be $60,800. Required: 1. Calculate the break even point in sales dollars for Head First. Round the contribution margin ratio to four decimal places and sales to the nearest dollar 2. Check your answer by preparing a contribution margin income statement Score: 40/51 Head-First Company Contribution Margin Income Statement At Break-Even Sales Dollars $164,789.00 la 1 Sales 104,789.00 2 Total variable cost $60,800.00 ut 3 Total contribution margin 60,800.00 4 Total fixed cost $0.00 5 Operating income 1. Calculate the break-even point in sales dollars for Head-First Round the contribution margin ratio to four decimal places and sales to the nearest dollar, The break-even point in sales oquals $164,789 X
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