Head-First Company plans to sell 5,100 bicycle helmets at $78 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 $48,050 (includes fixed factory overhead and fixed selling 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. 1. Calculate the variable cost per unit and the contribution margin per unit. Round your answers to the nearest cent. Unit Variable Cost \$ Unit Contribution Margin \$ 2. Calculate the contribution margin ratio and the variable cost ratio. Round your answers to the nearest whole number. Contribution Margin Ratio % Variable Cost Ratio % 3. Calculate the break-even units. Round your answer to the nearest whole number. Break-Even Units units 4. Prepare a contribution margin income statement at the break-even number of units. If your answer is zero, enter 0 . Round your answers to the nearest dollar. Patron Company Contribution Margin Income Statement Basic Break-Even Calculations Suppose that Patron Company sells a product for $28. Unit costs are as follows: Total fixed factory overhead is $20,500 per year, and total fixed selling and administrative expense $36,652. 4. Prepare a contribution margin income statement at the break-even numbe is zero, enter 0 . Round your answers to the nearest dollar. tead-First Company plans to sell 4,400 bicycle helmets at $70 each in the coming year. Variable cost is 0%% of the sales price; contribution margin is 40% of the sales price. Total fixed cost equals $50,300 includes fixed factory overhead and fixed selling and administrative expense). Required: 1. Calculate the sales revenue that Head-First must make to earn operating income of $78,500 by using the break-even point in sales equation. 2. Check your answer by preparing a contribution margin income statement based on the sales dollars calculated in Requirement 1. Head-First Company plans to sell 4,400 bicycle helmets at $70 each in the coming year. Unit varia cost is $45 (includes direct materials, direct labor, variable factory overhead, and variable selling expense). Total fixed cost equals $50,300 (includes fixed factory overhead and fixed selling and administrative expense). Required: 1. Calculate the number of helmets Head-First must sell to earn operating income of $61,200 2. Check your answer by preparing a contribution margin income statement based on the number of units calculated. Head-First Company plans to sell 5,200 bicycle helmets at $80 each in the coming year. Variable cost is 54% of the sales price; contribution margin is 46% of the sales price. Total fixed cost equals $56,350 (includes fixed factory overhead and fixed selling and administrative expense). Required: 1. Calculate the sales revenue that Head-First must make to break even by using the breakeven point in sales equation. 2. Check your answer by preparing a contribution margin income statement based on the break-even point in sales dollars. Variable selling expense is a commission of $4.00 per helmet; fixed selling and administrative totals $29,900. Required: 1. Calculate the total variable cost per unit. 2. Calculate the total fixed expense for the year. 3. Prepare a contribution margin income statement for Head-First Company for the coming year. Head-First Company plans to sell 4,200 bicycle helmets at $67 each in the coming year. Product costs include: Variable selling expense is a commission of $4.00 per helmet; fixed selling and administrative expense totals $29,900