Instructions Head-First Company plans to sell 4,700 bicycle helmets at $75 each in the coming year. Variable cost 64% of the sales price: contribution margin is 36% of the sale price. Totalfred cost equals $45,090 (includes fixed factory overhead and fxed seling and administrative expense), Required: 1. Calculate the sales revenue that Head-First must make to break even by using the break oven point in sales equation. 2. Check your answer by preparing a contribution margin income statement based on the break-even point in sales dollars. Instructions Amount Descriptions x ales price; cont CO Refer to the list below for the exact wording of text items within your income statement. Amount Descriptions equation les dollars. Operating income Operating loss Sales Total contribution margin Total fixed cost Total variable cost Instructions Amount Descriptions Sales Revenue Contribution Margin Income Statement Instructions Sales Revenue Hell Shade co: 1. Calculate the sales revenue that Head-First must make to break even by using the break-even point in sales equation $125,250 Points: 1/1 2 Check your answer by preparing a contribution margin income statement based on the break-even point in sales dollars. Refer to the ist of Amount Descriptions for the exact wording of text items within your income statement Score: 38/48 Head-First Company Contribution Margin Income Statement At Break Even Point 1 Sales $352,500.00 225,600,00 2 Total variable cost 3 Total contribution margin $126,900.00 45090.00 * Total fixed cost $81.810.00 5 Operating income 7.92/