Instructions Suppose that Head-First Company now sells both bicycle helmets and motorcycle helmets. The bicycle helmets are priced at $75 and have variable costs of $44 each. The motorcycle helmets are priced at $235 and have variable costs of $130 each. Total fixed cost for Head-First as a whole equals $65,700 (includes all fixed factory overhead and fixed selling and administrative expense). Next year, Head-First expects to sell 4,900 bicycle helmets and 1,960 motorcycle helmets. Required: 1. Form a package of bicycle and motorcycle helmets based on the sales mix expected for the coming year. 2. Calculate the break-even point in units for bicycle helmets and for motorcycle helmets. 3. Check your answer by preparing a contribution margin income statement. 1. Form a package of bicycle and motorcycle helmets based on the sales mix expected for the coming year. Package Contribution Product Price Unit Variable Cost Unit Contribution Margin Sales Mix Margin Bicycle helmet Motorcycle helmet Package total Points: 0/11 2. Calculate the break-even point in units for bicycle helmets and for motorcycle helmets. Break-Even Bicycle Helmets Break-Even Motorcycle Helmets 3. Check your answer by preparing a contribution margin income statement. Refer to the list of Amount Descriptions for the exact wording of text items within your income statement. Head-First Company Score: 34/51 Contribution Margin Income Statement At Break-Even Point 1 Sales $3,102,270.00 2 Total variable cost 192,280.00 3 Total contribution margin $117,990.00 4 Total fixed cost 50,000.00 5 Operating income $67,990.00