break even

Project Description:

head first company plans to sell 5000 bicycle helmets at 75.00 each in the coming year. variable cost is
60% of the sales price, contribution margin is 40% of the sales price. total fixed cost equals 49,500(includes fixed factory overhead and fixed selling and administrative expense).

1. calculate the sales revenue that headfirst must make to break even by using the break even point in sales equation.

2. check your answer by preparing a contribution margin income statement based on the break even point in sales dollars
Skills Required:
Project Stats:

Price Type: Negotiable

Completed
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