Question: please help, I cannot seem to solve this problem!! Suppote that Hond First Company now soils both bicycle helmets and motorcycle helmets. The bicycle helmets


Suppote that Hond First Company now soils both bicycle helmets and motorcycle helmets. The bicycle helmets are priced at $77 and have variable costs of $47 each. The motorcycle homets are priced at $220 and have variable costs of $146 cach. Total fixed cost for Hond First as a whole equals $57,000 (includes all fixed factory overhead and feed soiling and administrative exponto). Next your, Hond First expects to tell 4,860 bleycle helmets and 1,940 motorcycle helmets Required: 1. Form a package of bicycle and motorcycle helmets based on the sales mix expected for the coming your 2. Calculate the break-even point in units for cycle helmets and for motorcycle helmets. 3. Check your answer by preparing a contribution margin income statement Amount Descriptions Refer to the list below for the exact wording of text tome within your income statement Amount Descriptions Operating income Operating loss Sales Total contribution margin Total food cost Total variable cost 1. Form a package of bicycle and motorcycle helmets based on the sales mix expected for the coming year. Product Price Unit Variable Cost Unit Contribution Margin Sales Mix Package Contribution Margin $77.00 $47.00 $30,00 0.71 $21.43 Bicycle helmet Motorcycle helmet Package total 220.00 145.00 75.00 0.29 21.43 $42.86 2. Calculate the break-even point in units for bicycle helmets and for motorcycle helmets. 950 Break-Even Bicycle Helmets Break-Even Motorcycle Helmets 380 3. Check your answer by preparing a contribution margin income statement. Heter to the list of Amount Descriptions for the exact wording of text Roms within your income statement Head First Company Contribution Margin Income Statement Al Break Even Point $15.750.00 1 Sales Total variable cost * Total contribution margin Total fue cost 99.750.00 557,000.00 57000.00 5 Operating income SO DO
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