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Instructions Head-First Company now sells both bicycle helmets and motorcycle helmets. Next year, Head- First expects to produce total revenue of $566,000 and incur total

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Instructions Head-First Company now sells both bicycle helmets and motorcycle helmets. Next year, Head- First expects to produce total revenue of $566,000 and incur total variable cost of $402,000. Total fixed cost is expected to be $57,900. 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. 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 $ 2. Check your answer by preparing a contribution margin income statement. Refer to the lis. of Amount Descriptions for the exact wording of text items within your income statement. Head-First Company Contribution Margin Income Statement At Break-Even Sales Dollars 1 1 2 2 3 4. S

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