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Instructions Head - First Company plans to sell 5 , 2 0 0 bicycle helmets at $ 8 0 each in the coming year. Variable
Instructions
HeadFirst Company plans to sell bicycle helmets at $ each in the coming year. Variable cost is of the sales price; contribution margin is of the sales price. Total fixed cost equals $includes fixed factory overhead and fixed selling and administrative expense
Required:
Calculate the sales revenue that HeadFirst must make to break even by using the breakeven point in sales equation.
Check your answer by preparing a contribution margin income statement based on the breakeven point in sales dollars.
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