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I need help with the ones i missed. I believe the break even is 190,643.00 instead of my wrong answer of 190,553.00. I want to
I need help with the ones i missed. I believe the break even is "190,643.00" instead of my wrong answer of 190,553.00. I want to double confirm before I submit another one. thank you. I will give a thumbs up!
Instructions Head-First Company now sells both bicycle helmets and motorcycle helmets. Next year, Head- First expects to produce total revenue of $557,000 and incur total variable cost of $382,000. Total fixed cost is expected to be $59,900. 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 Break-Even Sales Dollars 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 equals $190,653 X Points: 0/1 Contribution Margin Income Statement Contribution Margin Income Statement At Break-Even Sales Dollars 1 Sales $190,653.00 130,753.00 $59,900.00 2 Total variable cost 3 Total contribution margin Total fixed cost Operating income 59,900.00 $0.00 Points: 8.43/10Step by Step Solution
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