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Head-First Company plans to sell 5,200 bicycle helmets at 580 each in the coming yoar. Variablo cost is 54% of the sales price; contrbution margin

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Head-First Company plans to sell 5,200 bicycle helmets at 580 each in the coming yoar. Variablo cost is 54% of the sales price; contrbution margin is 46% of the sales price. Total fixed cost equals $56,350 (includes fixed tactory overhead and fred seling and administrative expense). Required: 1. Calculate the sales revenue that Head-first must make to breateven by using the break-even point in sales equation. 2. Check your answer by preparing a contribution margin income statement based on the break-even point in sales dollars. Refer to the list below for the exact wording of text items within your income statement. 2. Chock your answer by preparing a contribution margin income statoment based on the break-even point in sales dollars. Refer to the Aist of Amount Descriptions for the exact wording of text ktoms within yout income stafement

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