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Business, 12.06.2020 16:57 deku6

Head-First Company plans to sell 5,100 bicycle helmets at $72 each in the coming year. Unit variable cost is $47 (includes direct materials, direct labor, variable factory overhead, and variable selling expense). Total fixed cost equals $50,000 (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 $60,500. 2. Check your answer by preparing a contribution margin income statement based on the number of units calculated.

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Head-First Company plans to sell 5,100 bicycle helmets at $72 each in the coming year. Unit variable...
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