Head-First Company plans to sell 4,700 bicycle helmets at $75 each in the coming year Unit variable cost is $40 (includes direct materials, direct labor variable factory overhead, and variable seling exponse). Total food cost equals $46,110 (includes fixed factory overhead and food soling and administrative expense) Required: 1. Calculate the break even number of helmets. 2. Check your answer by preparing a contribution margin income statement based on the break even units. structions Amount Descriptions 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 Unit Break-Even Point Shaded cells have feedback. h with 1. Calculate the break-even number of helmets. 12,200 X helmets Points: 0/1 Shaded cells have feedback 2 Check your answer by preparing a contribution margin income statement based on the break-even onts. Refer to the list of Amount Descriptions for the exact wording of textiles within your income statement. If there is an operating loss, enter the amount as a negative number using a minus sign ) Head-First Company Contribution Margin Income Statement Score: 34/51 At Break Even Point 1 Sales 5122.000.00 Total variable cost 1 Total contribution margin 70.760,00 $51.240.00 51240.00 4 Total fixed cost 5 Operating income Points 667/10