Head-first company plans to sell 4657 bicycle helmets at 75


Head-First Company plans to sell 4,657 bicycle helmets at $75 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 $48,500 (includes fixed factory overhead and fixed selling and administrative expense).

Required:

1. Calculate the sales revenue that Head-First must make to earn operating income of $81,900. Round your answer to the nearest dollar.

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Head-first company plans to sell 4657 bicycle helmets at 75
Reference No:- TGS01651852

Expected delivery within 24 Hours