Instructions Head-First Company plans to sell 4,400 bicycle helmets at $70 each in the coming year. Unit variable 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. Number of Helmets 1. Calculate the number of helmets Head-First must sell to earn operating income of $61,200. helmets Contribution Margin Income Statement 2. Check your answer by preparing a contribution margin income statement based on the number of units calculated. Refer to the list of Amount Descriptions for the exact wording of text items within your income statement. Head-First Company Contribution Margin Income Statement Based on Helmets Sold 1 Sales Total variable cost Total contribution margin Total fixed cost 5 Operating income