Head-First Company plans to sell 4,700 bicycle helmets at $75 each in the coming your, Variable cost is 64% of the sales price contribution margin is 30% of the price cost equals $45,090 (includes forced factory overhead and faxed selling and administrative expense) Required: 1. Calculate the sales revenue that Head-First must make to break even by using the brealgan point in sales equation 2. Check your answer by preparing a contribution margin income statement based on the break even point in sales dollars Amount Descriptions He co: Refer to the list below for the exact wording of text items within your income statement. equal Amount Descriptions Operating income Operating loss les d Sales Total contribution margin Total fixed cost Total variable cost Um Wuscriptions Sales Revenue X RE 1. Calculate the sales revenue that Head-First must make to break even by using the break-even point in sales equation $ Contribution Margin Income Statement 2. Check your answer by preparing a contribution margin income statement based on top break even point in sales ofers Refer to the famount Onscriptions for wording of text items within your Income statement. Head-First Company Contribution Margin Income Statement At Break-Even Point 1 2 3 4 s