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Head-First Company plans to sell 4,700 bicycle helmets at $75 each in the coming year....

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Question

Accounting

Head-First Company plans to sell 4,700 bicycle helmets at $75 each in the coming year. Unit variable cost is $46(includes direct materials, direct labor, variable factory overhead, and variable selling expense). Total fixed cot equals $46,110(includes fixed factory overhead and fixed selling and administrative expense).
Required:
Calculate the break-even number of helmets.
Check your answer by preparing a contribution margin income statement based on the break-even units.
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